Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Mascon Global Ltd. > News item |
India's Mascon Global approves issuing convertibles
By Devika Patel
Knoxville, Tenn., Dec. 24 - Mascon Global Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $50 million in convertible bonds a board of directors meeting on Dec. 20. The total includes a $10 million greenshoe.
The bonds will be convertible into Global Depositary Receipts or shares and will be offered at $100,000 apiece. The conversion price will be determined at closing.
Mascon is a New Delhi, India-based provider of telecommunications and software services.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.