HomeNewsBusinessCompaniesSale proceeds to help cut debt, repay FCCB: Strides Arcolab

Sale proceeds to help cut debt, repay FCCB: Strides Arcolab

Strides Arcolab aims to use the funds received through the sale of its Southeast Asian and Australian units to repay foreign currency convertible bondholders and reduce the debt, says group chief executive and vice chairman Arun Kumar.

January 24, 2012 / 17:56 IST
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Strides Arcolab aims to use the funds received through the sale of its Southeast Asian and Australian units to repay foreign currency convertible bondholders and reduce the debt, says group chief executive and vice chairman Arun Kumar.

The transaction with Australia
TAGS: #Business
first published: Jan 24, 2012 04:00 pm

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