Eros International Plc has decided to offer notes secured against its streaming platform, according to a Bloomberg report.
The report said that Eros is is changing its plan at a time when investors have been inundated with dollar bond supply and US-China trade tensions have re-escalated.
Eros' biggest subsidiary is Eros International Media, which is known for producing movies such as Bajrangi Bhaijaan, Bajrao Mastani and Manmarziyaan.
Eros International Media's promoter group on May 8 pledged 27.5 lakh shares from May 3-6, according to CNBC-TV18.
Eros Now, the company's OTT streaming platform, was launched in 2012. The service has about 7.9 million paying subscribers and over 12,000 film titles.
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