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Published on 6/20/2011 in the Prospect News Convertibles Daily.

Educomp considers restructuring $78.5 million of convertible bonds

By Devika Patel

Knoxville, Tenn., June 20 - Educomp Solutions Ltd. informed the Bombay Stock Exchange that its members will consider plans to restructure the company's $78.5 million of foreign currency convertible bonds through a postal ballot.

The company also is considering raising funds.

New Delhi-based Educomp develops computer-based teaching solutions.


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