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Prospect News home > News index > List of issuers H > Headlines for Hindustan Organic Chemicals Ltd. > News item
Published on 8/26/2005 in the Prospect News Emerging Markets Daily.

India's Hindustan Organic to issue Rs. 1 billion of bonds to redeem old bonds

By Reshmi Basu

New York, Aug. 26 - Hindustan Organic Chemicals Ltd. said it plans to issue series XIII bonds via private placement.

Proceeds from the sale will be used to redeem Rs. 1 billion of the company's series XII bonds.

The Mumbai, India-based company manufactures chemicals.


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