Rolta India provides updates on its US based subsidiary
Rolta Americas LLC, USA repurchases US$ 5,650,000 of bonds via open market
Rolta India announced that the Wholly Owned Subsidiary Company, Rolta Americas LLC, USA (Subsidiary) has bought back via open market repurchase transaction US$ 5,650,000 in-principal out of the outstanding US$ 373,345,000 8.875% senior notes due 2019 (The Bonds) and cancelled these Bonds purchased by the Subsidiary. After this repurchase, the aggregate principal amount of Bonds outstanding is US$ 367,695,000.The Subsidiary may conduct further re-purchases if conditions are favourable and in line with treasury management strategy.
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