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Zodiac Clothing plans to issue convertibles
By Devika Patel
Knoxville, Tenn., Dec. 10 - Zodiac Clothing Co. Ltd. informed the Bombay Stock Exchange that it has approved plans to issue convertible bonds at an extra ordinary general meeting held on Nov. 28.
Securities being considered include convertible preference shares, American Depositary Receipts, Global Depositary Receipts, convertible debentures, convertible bonds or other equity-related instruments.
Based in Mumbai, India, Zodiac Clothing sells men's wear worldwide.
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