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Suven Life Sciences could issue up to $50 million convertible bonds
By Devika Patel
Knoxville, Tenn., July 29 - Suven Life Sciences Ltd. informed the Bombay Stock Exchange that it could raise up to $50 million via foreign-currency convertible bonds. The company approved the proposal at a board meeting on July 28.
Securities also may include Global Depository Receipts, American Depository Receipts and equity shares.
Suven Life Sciences is a Hyderabad, India-based pharmaceutical company.
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