Brief: Rolta India unit buys back $5.7 mln senior notes

Rolta India

21/12/2015 09:10

Dec 21 (Reuters) - Rolta India Ltd  ROLT.NS : 
 * Re-purchase of US$ 5.7 million senior notes via open market by Rolta Americas 
   LLC, 
 * Source text: 
Rolta India Ltd has informed BSE that the Wholly Owned Subsidiary Company, M/s. 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 favorable and in line with treasury management strategy. 
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