India New Issue-Piramal Enterprises eyes public bond issue, files draft prospectus - IFR

Piramal Enterprises

06/09/2023 06:53

MUMBAI, Sept 6 (Reuters) - India's Piramal Enterprises
 PIRA.NS  plans to raise up to 30 billion rupees ($361.31
million) through a public issue of bonds and has filed a draft
shelf prospectus, IFR, a Thomson Reuters publication, reported
on Wednesday.
   The company has appointed AK Capital Services, JM Financial,
Nuvama Wealth Management and Trust Investment Advisors as lead
managers for the proposed bond issue.
   The bonds are rated AA by Care Ratings and ICRA. 

  

($1 = 83.0320 Indian rupees)

 (Reporting by Bhakti Tambe; Editing by Sonia Cheema)
 ((Bhakti.Tambe@thomsonreuters.com))