Foreign Currency Convertible Bond (fccb)

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The world's fifth-largest wind manufacturer by cumulative installed capacity, Suzlon, needs to repay foreign currency convertible bonds of $360 million in June and $207 million in October.
May 18, 2012 at 10:43 | Source: Reuters India
The crux of his story: around 2007-09 -- those boom years -- the hedge fund invested big time in various Indian corporates’ foreign currency convertible ... either defaulted on FCCB redemptions or are restructuring convertible bonds.
May 26, 2012 at 04:28 | Source: Daily News and Analysis
Wind turbine maker Suzlon Energy on Friday said it is in advanced stages to raise up to USD 300 million from new facilities to meet its FCCB (foreign currency convertible bonds) obligations in June. It has also sought up to 45 days more time for ...
May 18, 2012 at 10:57 | Source: MoneyControl.com
to redeem foreign currency convertible bonds, or FCCBs. These bonds are converted into equity if they match a certain price point. If they don't, companies have to pay bond holders an agreed amount. Most companies will need to pay up as the ...
May 25, 2012 at 07:57 | Source: Businessweek
Suzlon, the world's fifth-largest wind manufacturer by cumulative installed capacity, needs to repay $360 million of foreign currency convertible bonds in June and $207 million due in October. Suzlon's foreign currency bonds maturing this year ...
May 18, 2012 at 12:59 | Source: Reuters
Companies will have to suffer mark-to-market losses on the borrowings they made through ECB (external commercial borrowings) and FCCB (foreign currency convertible bond) routes. Jagannadham Thunuguntla, head of research at SMC Global Securities ...
May 17, 2012 at 04:53 | Source: Hindustan Times
and possibly substitution demand for overseas loans by corporates which could be either on account of FCCB (foreign currency convertible bond) redemptions or overseas banks shedding India-linked assets.”
May 13, 2012 at 19:24 | Source: Livemint.com
Euro zone crisis, then government decision making as well as FCCB (Foreign Currency Convertible Bond) hangover because of the dollar exchange rate, these three problems are actually hitting Sintex right now. But I don’t think anyone of them ...
May 11, 2012 at 05:50 | Source: MoneyControl.com