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Markets | Rolta India offers to buy back $150 mn of bonds

Markets | Rolta India offers to buy back $150 mn of bonds
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First Published: Mon, Jun 22 2009. 10 30 PM IST
Updated: Mon, Jun 22 2009. 10 30 PM IST
Singapore: Mumbai-based maker of design software Rolta India Ltd offered to buy back as much as $150 million of convertible bonds due 2012 for between 78-85.5 cents on the dollar.
The tender offer will expire on 25 June and Barclays Plc. and Deutsche Bank AG are conducting the buy-back, the company said in a statement to the Singapore stock exchange on Monday.
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First Published: Mon, Jun 22 2009. 10 30 PM IST