Sintex Industries Ltd has informed that the Company has successfully raised $225 million Zero Coupon Unsecured Foreign Currency Convertible Bonds 2013. The funds would be used for its overseas acquisition activities. ICICI Bank UK Plc and Silverdale Services Ltd were the Joint Lead Managers to the issue. Motilal Oswal Investment Advisors Pvt Ltd was the Financial Advisor to the issue. This issue was well received in the market.
The allotment of the bonds will be made on or around March 12, 2008.
The allotment of the bonds will be made on or around March 12, 2008.
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