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Sakthi Sugars provides update on outstanding FCCBs

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Capital Market

Gets consent for redemption of FCCB (Series B) USD 2.90 Mn. by a Bondholder

Sakthi Sugars announced that one of the holders of FCCB (Series-B) has agreed for settlement of his bonds aggregating to USD 2,900,000 at 75% of the face value of the Bonds i.e. at USD 2,175,000 on or before 30 June 2016.

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First Published: May 28 2016 | 1:07 PM IST

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