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INDUSTOWER Indus Towers News Story

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Brief: Vodafone Says Placing In Indus Raises INR 28 Bln

Jan 10 (Reuters) - Vodafone Group PLC  VOD.L :
    * INDUS TOWERS STAKE SALE AND VI SHAREHOLDING
    * PLACING RAISES INR 28 BILLION (US$330 MILLION), REPAYS INR
8.9
BILLION (US$105 MILLION) BORROWINGS
    * USED PROCEEDS FROM CAPITAL RAISE TO PAY OUTSTANDING MASTER
SERVICE AGREEMENT DUES TO INDUS

Source text:  ID:nRSJ8952Sa 
Further company coverage:  VOD.L 

 ((Reuters.Briefs@thomsonreuters.com;))

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