Epic Research

Monday, December 10, 2012

Epic Update : Easun Reyrolle

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.
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