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Published on 1/27/2010 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Bilcare buys $90 million in 4% convertibles and Singapore bonds

By Devika Patel

Knoxville, Tenn., Jan. 27 - Bilcare Singapore Pte. Ltd. said it bought $45.5 million of its 4% convertible bonds due 2012 and $44.5 million of its Singapore bonds in private transactions.

ISM Capital LLP was the agent.

Bilcare is a subsidiary of Bilcare Ltd., a pharmaceutical packaging company based in Ahmedabad, India.


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