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Sakthi Sugars settles $11.7mn worth of FCCBs at 65% value

Sakthi Sugars has reached a settlement with bondholders with respect to foreign currency convertible bonds (FCCBs) worth USD 11.7 million, in which it would pay its lenders about 65 percent of the bonds face value.

first published: Dec 23, 2015 12:11 pm

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