Mumbai-based, luxury hotel chain operator, Hotel Leelaventure is considering partial repurchase of outstanding zero coupon convertible bonds listed on the Singapore Stock Exchange.
The bonds are due in 2012, the company stated in a filing to the Bombay Stock Exchange (BSE).
"Such purchase shall be effected subject to availability of bonds at terms acceptable to the company. The company has appointed Barclays Capital for the same", a statement said.
