UltraTech Cement plans to raise INR2.5bn rupees via bonds

UltraTech Cement plans to raise INR2.5bn rupees via bonds
Published: 16 August 2012

Tagged Under: India UltraTech Cement 

India's UltraTech Cement is planning to raise INR2.5bn (US$44.84m) through five-year bonds at 9.15 per cent, a source with direct knowledge of the deal said on Thursday. HSBC Bank is the sole arranger to the deal, said the source. (Reuters)