Tantia Constructions raises $7.5 mn
Tantia Constructions Ltd said it has raised $7.5 million through foreign currency convertible bonds to be listed on Singapore Securities Trading Ltd.
By PTI |
KOLKATA: Tantia Constructions Ltd on Thursday said it has raised $7.5 million through foreign currency convertible bonds (FCCBs) to be listed on Singapore Securities Trading Ltd.
A company spokesman said SBI Cap (UK) was the lead manager for the offering.
The FCCBs have tenure of five years and would be due on 2012. The instruments carry a coupon rate of one per cent and covertible at a price of Rs 140 per share.
A company spokesman said SBI Cap (UK) was the lead manager for the offering.
The FCCBs have tenure of five years and would be due on 2012. The instruments carry a coupon rate of one per cent and covertible at a price of Rs 140 per share.
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