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Published on 6/26/2020 in the Prospect News Emerging Markets Daily.

India’s HT Media board OKs up to Rs. 500 million debt issue

By Sarah Lizee

Olympia, Wash., June 26 – HT Media Ltd. informed the Bombay Stock Exchange that its board of directors met on Friday and approved a proposal to issue up to Rs. 500 million of nonconvertible debentures or bonds.

The securities may be issued in tranches on a private placement basis, according to the notice.

The mass media company is based in Delhi, India.


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