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Easun Reyrolle announces manager for $35 million convertibles offering
By Devika Patel
Knoxville, Tenn., Dec. 10 - Easun Reyrolle Ltd. informed the Bombay Stock Exchange that its offer of $35 million in convertible bonds and $15 million in Global Depositary Receipts to international investors was managed by Elara Capital plc.
The bonds were sold with a conversion price of Rs. 400 per share.
Chennai, India-based Easun Reyrolle manufactures and sells power system products and solutions.
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