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New Issue: India's Gujarat NRE Coke prices $55 million convertibles
New York, March 7 - Gujarat NRE Coke Ltd. said it has priced and closed a $55 million offering of convertible bonds.
The securities mature in five years, pay interest at 1% and were priced to yield 5.85%. The conversion price is Rs. 185.
Gujarat NRE Coke is a Kolkata, India, coke maker.
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