Moser Baer India seeks bondholder input on convertibles restructuring

By Wendy Van Sickle

Columbus, Ohio, Aug. 4 – Moser Baer India Ltd. has begun seeking information from its foreign currency convertible bondholders regarding eventual restructuring of the outstanding bonds, according to a notice filed with the Bombay Stock Exchange.

Restructuring will be subject to approvals from the bondholders, regulatory authorities, lenders and the company’s board of directors.

Moser Baer is a New Delhi-based optical media manufacturer.

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