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Welspun launches tender offer to repurchase 4.50% Convertible Bonds
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Wednesday, 17 Oct 2012
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Welspun Corp Limited, the flagship company of the USD 3.5 billion Welspun Group and the 2nd largest line pipe company in the world (Source: Financial Times, UK) launches an offer to repurchase for cash 4.50% Convertible Bonds of US$ 150,000,000 due in 2014. The Bonds are listed on the Singapore Exchange Securities Trading Limited.

The Tender Offer comprises an early offer and a late offer and will commence on October 17th 2012 and will expire on October 23rd 2012, unless extended or re-opened as provided in the Tender Offer Memorandum. Welspun Corp Limited has appointed Sun Global Investments Limited to act as Dealer Manager and Tender Agent in relation to the proposed Tender Offer.

Source - Welspun Corp

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