Home » PANACEA RAISES $ 100 M VIA FCCBS
PANACEA RAISES $ 100 M VIA FCCBS
Pharmaceutical company, Panacea Biotec Ltd has raised $100 million through the issue of foreign currency convertible bonds (FCCBs), which would be listed on the Singapore Stock Exchange. The bonds, having a tenure of 5 years were offered in two tranches with conversion premiums based on future price of the underlying equity shares, the company informed the Bombay Stock Exchange.
KEYWORDS Daily International Pharma Alert
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