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India's Mercator buys back some 11¼% debentures for Rs. 450 million
By Devika Patel
Knoxville, Tenn., Jan. 4 - Mercator Lines Ltd. informed the Bombay Stock Exchange that it repurchased 900 of its 11¼% secured redeemable non-convertible debentures for Rs. 450 million.
Following the purchase, there is Rs. 393.75 million of the debentures remaining.
Mercator is a Mumbai, India, ocean shipping company.
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