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Published on 6/13/2008 in the Prospect News Convertibles Daily.

Lok Housing may issue up to $200 million in convertibles

By Devika Patel

Knoxville, Tenn., June 13 - Lok Housing Ltd. notified the Bombay Stock Exchange that it could raise up to $200 million in convertibles.

The company approved the plans at a board of directors meeting on June 13.

Securities may include American Depositary Receipts and Global Depositary Receipts.

Lok is a homebuilder based in Mumbai, India.


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