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Published on 9/20/2005 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Shriram Transport may issue up to $60 million of convertibles

New York, Sept. 20 - Shriram Transport Finance Co. Ltd. said its board of directors has approved the issuance of up to $60 million of foreign-currency convertible bonds, American Depositary Receipts or Global Depositary Receipts.

Shriram Transport Finance, based in Chennai, India, provides lease financing for trucks.


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