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Published on 5/10/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

India's Amtek Auto board OKs possible issue of up to $250 million convertibles

By Jennifer Chiou

New York, May 10 - Amtek Auto Ltd. informed the Bombay Stock Exchange that its board approved the issue of up to $250 million of foreign currency convertible bonds, Global Depository Receipts or American Depository Receipts at its May 10 meeting.

Amtek Auto is a New Delhi, India-based auto parts maker.


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