Ballarpur International Graphic Paper Holdings (BIGPH), a subsidiary of Ballarpur Industries today said it has raised USD 200 million (around Rs 895 crore) through issue of bonds in the international market.
BIGPH has issued Subordinated Perpetual Capital Securities (Bonds) of USD 200 million which shall be listed on the Singapore Exchange Ltd, the company said in a statement. The firm is offering the perpetual bond at 9.75% per annum, BIGPH said in a statement. Commenting on the development Avantha Group DirectorDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
