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Moser Baer aims to issue $100 million foreign currency convertibles
By Devika Patel
Knoxville, Tenn., Jan. 12 - Moser Baer India Ltd. informed the Bombay Stock Exchange that it approved plans to issue up to $100 million in foreign currency convertible bonds at a board of directors meeting on Jan. 11.
The company also is considering issuing Global Depositary Receipts and American Depositary Receipts.
Moser Baer is a New Delhi-based optical media manufacturer.
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