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Published on 8/25/2009 in the Prospect News Convertibles Daily.

Tricom India gets approval to issue foreign-currency convertible bonds

By Devika Patel

Knoxville, Tenn., Aug. 25 - Tricom India Ltd. informed the Bombay Stock Exchange that its members approved plans to issue foreign-currency convertible bonds at a board of directors meeting on Aug. 25.

The company also may issue Global Depositary Receipts and American Depositary Receipts.

Based in Mumbai, India, Tricom India Ltd. is a non-voice related information technology-enabled service provider for global business.


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