India’s Piramal may sell Rs. 20.5 billion of bonds in private offering

By Susanna Moon

Chicago, Aug. 8 – Piramal Enterprises Ltd. notified the Bombay Stock Exchange that it may issue up to Rs. 20.5 billion of secured debentures in one or more issues from time to time.

The private placement will be considered at a board meeting set for Aug. 11, according to a notice.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.