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Bharat Forge redeems FCCBS worth $131 million

In 2005, the company had issued the FCCBs in two tranches of $120 million to finance capital expenditure and global acquisitions, it said in a statement.

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Bharat Forge Ltd said on Tuesday it redeemed Foreign Currency Convertible Bonds worth $131 million.

In 2005, the company had issued the FCCBs in two tranches of $120 million to finance capital expenditure and global acquisitions, it said in a statement.

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