Faze Three Limited repays 2nd tranche of FCCBs of approx. $4 mn

Faze Three Limited has announced the re-payment of 2nd Tranche of Foreign Currency Convertible Bonds (FCCBs) of approx. USD 4.00 Million has been made and buyback of entire FCCBs outstanding of USD 8 Million has been concluded as per the agreed terms.

With the aforesaid, the Company's Long Term Debt (net) outstanding as on date would be NIL.

Shares of FAZE THREE LTD.-$ was last trading in BSE at Rs.123.75 as compared to the previous close of Rs. 126.05. The total number of shares traded during the day was 11200 in over 127 trades.

The stock hit an intraday high of Rs. 128 and intraday low of 122.7. The net turnover during the day was Rs. 1397846.

Source : Equity Bulls

Keywords