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CLSA Financial Products, Ltd. Advises BSX of Certificate Issuance Decrease.
Hamilton, Bermuda: 1 October, 2007 - The Bermuda Stock Exchange (BSX) has been advised by CLSA Financial Products, Ltd.'s of a Certificate Issuance Decrease for two of the Certificates issued under its US$7.5 billion Asian Securities Programme.
The Certificates in respect of shares in the Indian listed company Grasim Industries Ltd. due 28 June 2010 have been decreased by the reduced amount of 160,000 RegS Certificates and 95,000 144A Certificates effective 28 September 2007. The new total size of the RegS Portion of these Certificates now stands at 40,000 Certificates and the new total size of the 144A Portion of these Certificates now stands at 120,000 Certificates.
The Certificates in respect of shares in the Indian listed company Reliance Communication Ventures Ltd. due 24 February 2011 have been decreased by the reduced amount of 100,000 RegS Certificates and 1,560,000 144A Certificates effective 28 September 2007. The new total size of the RegS Portion of these Certificates now stands at 2,550,000 Certificates and the new total size of the 144A Portion of these Certificates now stands at 2,050,000 Certificates.
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