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Published on 8/17/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Gujarat Fluorochemicals to issue convertible bonds up to Rs. 4 billion

By Reshmi Basu

New York, Aug. 17 - Gujarat Fluorochemicals Ltd. said its board of directors is considering the issuance of foreign currency convertible bonds up to Rs. 4 billion.

Proceeds will be used for new projects.

The refrigerant gas manufacturing company is based in Panchmahal, Gujarat, India.


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