city New Delhi Usa India San Francisco city New Delhi Usa India San Francisco

₹2,590 cr debt from US firm

Reading now: 621
www.livemint.com

NEW DELHI : Piramal Enterprises Ltd has raised ₹2,590 crore by issuing debt securities to San Francisco-based investment firm Farallon Capital, said a person aware of the development.“The money was raised through three-year NCDs (non-convertible debentures) at a rate of 9%," the person cited above said, requesting anonymity.

The funds will be used to repay existing loans of the group, as well as for other purposes, he added.The fundraise was approved by the board of Piramal Enterprises on Thursday evening, as per a regulatory filing.Piramal Enterprises did not respond to emailed queries on details of the deal.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend - fox29.com - Washington - city Washington - state Virginia - state Maryland - county Loudoun
fox29.com
52%
204
Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend
LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over.  Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.
DMCA