Essar Group’s bond issue closes, oversubscribed 3 times

by admin on October 22, 2009

Essar Group’s Rs 2,250 crore bond issue has closed. The issue was oversubscribed three times reports CNBC TV18 quoting Sources. The company will decide on exercising the greenshoe option by today. The greenshoe option amount will decide the cut-off price for bonds.

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