Wednesday, January 09, 2008

Indiabulls to raise $1 bn from int'l market

Domestic brokerage major Indiabulls financial Services has said it will raise one billion dollars through issue of international securities. The company would seek shareholders' approval on February 1 for the issuance of Foreign Currency Convertible Bonds (FCCBs), Global Depository Receipts and other forms of securities convertible into equity shares, Indiabulls informed the Bombay Stock Exchange.

The Financial Express
http://www.financialexpress.com/news/
Indiabulls-to-raise-1-bn-from-intl-market/258641/

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