Wednesday, November 30, 2011

Firstsource Solutions Ltd repurchases BONDS

Firstsource Solutions, the Mumbai-based information technology
services and solutions company, has repurchased zero coupon
convertible bonds worth `99.7 crore ($19.1 million). The bonds were
due for maturity in December 2012. The buyback will bring down its
outstanding foreign currency convertible bonds from the current `993
crore ($191 million ) to `894 crore ($172 million).

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