Flex Industries raises $72 mn via overseas bonds



Packaging goods firm Flex Industries Ltd has raised $72 million through an overseas convertible bond issue to be listed on the Singapore Stock Exchange.

In December, the company's board had approved raising upto $250 million through an overseas issue of securities.

Flex shares were up 1.1 per cent at Rs 220.15 in the Mumbai market.


Date :- 09/03/2007
Source :- Garima Arora


Related News Stories:
Flex Industries to invest $50 mn



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