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Prospect News home > News index > List of issuers X > Headlines for XL Telecom & Energy Ltd. > News item
Published on 4/22/2010 in the Prospect News Convertibles Daily.

XL Telecom & Energy may issue up to $100 million in convertible bonds

By Devika Patel

Knoxville, Tenn., April 22 - XL Telecom & Energy Ltd. informed the Bombay Stock Exchange that it approved a proposal to issue up to $100 million in foreign currency convertible bonds at a board of directors meeting on April 21.

The company also is considering Global Depositary Receipts and American Depositary Receipts.

The Secunderabad, India, company provides heat shrink wrap around cable jointing kits.


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