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Hyderabad, Oct. 29

XL Telecom & Energy Ltd has informed the BSE that the company has allotted additional foreign currency convertible bonds (FCCBs) worth $5 million, thereby taking the total allotment to $40 million (about Rs 160 crore). The company allotted these zero coupon unsecured FCCBs due 2012 as a part of the Green Shoe option for the issue of initial allotment of $35-million FCCBs listed in Singapore Stock Exchange. Elara Capital Plc, London, was the Lead Manager for the issue and Prabhudas Lilladher Advisory Services Pvt Ltd was the Indian Financial Advisors. —

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