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Bollywood's latest: US$ bond debut for Eros

Singapore

INDIA'S Bollywood film industry is set to premiere in the US dollar bond market as one of the country's biggest distributors prepares its debut high-yield offering.

Eros International, a film producer and distributor listed in New York, started investor meetings last Wednesday ahead of a potential issue of Reg S US dollar senior bonds. It is visiting Hong Kong, Singapore and London, with an offer slated for this week.

Eros plans to raise US$200 million, plus an undisclosed greenshoe, through...

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