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Published on 7/29/2016 in the Prospect News Emerging Markets Daily.

India’s PVR plans Rs. 2.5 billion notes, Rs. 500 million 8.9% notes

By Susanna Moon

Chicago, July 29 – PVR Ltd. notified the Bombay Stock Exchange that it plans to issue up to Rs. 2.5 billion of debentures and Rs. 500 million of 8.9% debentures.

The issues were approved at a board meeting held Friday.

The Rs. 2.5 billion issue of debentures is subject to shareholder approval at the next annual general meeting.

PVR is a Furgaon, India-based film production, distribution and entertainment company.


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