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14-Jan2019

Piramal Enterprises raises Rs 5,000 crore via bonds in last one month

Piramal Enterprises has raised Rs 5,000 crore at an average rate of 9.5% through longer tenure bond sale in the last one month. The company's housing finance subsidiary--Piramal Capital & Housing Finance also raised Rs 4,000 crore of term loans in the same period.

Piramal Enterprises is one of India's large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.


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