is an initiative that is aimed at alleviating poverty through forestry-based carbon projects in rural China that will generate income for local farmers and communities through carbon trade on the global market.
In July 2014, pursuant to a cashless restructuring proposal, bondholders having FCCBs
worth USD 146.2 million in principal amount of the 5 percent April 2016 FCCB
series opted to exchange their FCCBs
for a new FCCB
series maturing in July 2019.
, foreign currency convertible bonds, raises money from overseas investors.
The Company is in full compliance of all regulations vis-a-vis the FCCBs
, and has provided necessary information to the authorities," he added.
The Pune- based firm has another FCCB
of $ 209 million that will come up for redemption in October.
Indore, June 13 -- Suzlon Group, the world's fifth largest wind turbine maker, today announced that holders of the June series of FCCBs
, in the meetings held on 11th June, 2012 (i.e.
"This was a large FCCB
issue and an adverse outcome of this would have been catastrophic," said Bettkober, who holds Reliance Communications bonds as part of the fund's portfolio.
* There is no announcement of issuance of new shares by way of domestic or international offering in the form of Public Offer, follow up of public offer Preferential Issue, Foreign Currency Convertible Bonds (FCCB
), American Depository Receipts (ADR) and Global Depository Receipts (GDR), announcement of another merger or acquisition during the event window.
According to reports, the auto-components maker will also seek shareholders' approval for preferential issue of equity or foreign currency convertible bonds (FCCB
), to founder Sumitomo Wiring Systems to maintain its 25 percent shareholding after the QIP.
255.88 crores of term loan was repaid and about Rs.350 crores were raised through Foreign Currency Convertible Bonds (FCCB
Besides the company's board of directors has also approved a proposal to raise funds to the extent of $70 million by way of issue of ADR / GDR / QIP / FCCB
or through any other mode of securities or its equivalent sum of Indian rupees in one or more tranches.
The company has also repaid 131.5 million dollars FCCB
that includes a principal of 102.3 million dollars this year.