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.
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.