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Published on 6/7/2016 in the Prospect News Emerging Markets Daily.

India’s Piramal mulls Rs. 3 billion private placement of debentures

By Susanna Moon

Chicago, June 7 – Piramal Enterprises Ltd. notified the Bombay Stock Exchange that it may issue up to Rs. 3 billion of secured debentures in a private placement.

The company’s board of directors will meet on June 10 to consider the bond issue, according to a notice.

Mumbai, India-based Piramal is a diversified company with a presence in the pharmaceutical, financial services and information management sectors.


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