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Jefferies International acts as dealer manager and initial purchaser in $250 million of 6.0% Convertible Bonds in a Regulation S offering by Adani Enterprises Limited

January 2007

Client(s) Jefferies International Limited

Jones Day advised Jefferies International Limited with $250 million of 6.0% Convertible Bonds in a Regulation S offering by Adani Enterprises Limited. This transaction represents the largest foreign currency convertible bond offering in which Jefferies International Limited has acted to date.

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