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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 2/1/2010 in the Prospect News Convertibles Daily.

Gujarat NRE Coke plans redemption of $60 million of 0% convertibles

By Devika Patel

Knoxville, Tenn., Feb. 1 - Gujarat NRE Coke Ltd. informed the Bombay Stock Exchange that it authorized the redemption of some of its zero-coupon unsecured foreign currency convertible bonds at a board of directors' meeting on Jan. 24.

The $60 million of convertibles earmarked for redemption were issued in 2006.

Gujarat NRE Coke is a Kolkata, India, coke maker.


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