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Published on 2/7/2007 in the Prospect News Convertibles Daily.

Wire & Wireless India calls shareholders meeting to decide on $225 million convertibles issue

By Jennifer Chiou

New York, Feb. 7 - Wire & Wireless India Ltd. informed the Bombay Stock Exchange that it will convene a shareholders meeting on Feb. 26 to mull an issue of up to $225 million of foreign-currency convertible bonds.

The Mumbai, India-based cable operator said it may issue equity shares through Global Depository Receipts or American Depository Receipts as alternatives.


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