Easun Reyrolle has redeemed Foreign Currency Convertible Bonds (FCCBs) worth $4 million and remitted the maturity amount to Bank of New York Mellon, the trustee of the bondholders. The company has redeemed the final tranche of $4 million bonds along with redemption-premium. As of now, the entire FCCB loan of $35 million raised during December 2007 is fully cleared and discharged.
Earlier in December 05, 2007, the company raised FCCBs aggregating to $35 million payable after 5 year. Out of this issue, the company had bought-back bonds worth $31 million during December 2009, leaving only $4 million to be redeemed on maturity, which is been redeemed now.
Easun Reyrolle is an acknowledged leader in the field of electrical power management. It offers a ‘One Touch Access’ to power system solutions, as a dependable partner to customers, in India & abroad.
| Company Name | CMP |
|---|---|
| Havells India | 1238.50 |
| Siemens | 3807.00 |
| Apar Inds | 11541.30 |
| ABB India | 7327.00 |
| Waaree Energies | 3305.80 |
| View more.. | |
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