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Prospect News home > News index > List of issuers K > Headlines for Karur KCP Packkagings Ltd. > News item
Published on 3/22/2011 in the Prospect News Convertibles Daily.

Karur KCP extends maturity of its foreign currency convertible bonds

By Devika Patel

Knoxville, Tenn., March 22 - Karur KCP Packkagings Ltd. informed the Bombay Stock Exchange that its bondholders approved plans to restructure the company's foreign currency convertible bonds at a meeting on March 21.

The bonds' maturity has been extended to the next 10 years.

Pondicherry, Tamil Nadu-based Karur KCP supplies packaging material to the cement industry.


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