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Published on 6/25/2007 in the Prospect News Convertibles Daily.

India's KS Oils plans $100 million of convertibles

By Susanna Moon

Chicago, June 25 - KS Oils Ltd. informed the Bombay Stock Exchange that it plans to raise up to $100 million of convertible bonds, American Depositary Receipts or Global Depositary Receipts.

The offering was approved at a shareholders meeting June 23.

The Morena, India-based company is a manufacturer, supplier, and exporter of mustard and rapeseed oil.


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