GTL Infrastructure consider to restructure its outstanding FCCBs

GTL Infrastructure Ltd has informed BSE that the Board, at its meeting held on July 03, 2012 has considered a proposal to restructure its outstanding Foreign Currency Convertible Bonds (the "FCCBs") and have constituted a sub-committee to negotiate and finalise the terms for restructure of FCCBs. Any such decision of the sub-committee shall be subject to approval of Reserve Bank of India, CDR Lenders, shareholders, and such other regulating authorities as may be required.Source : BSE

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