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)
Cementos Argos to appeal Cartagena environmental ruling
Cementos Argos will appeal a Colombian court ruling ordering it and 11 other entities to compe...