Friday, 27 January 2017

Jain irrigation`s arm issues senior unsecured Notes

Jain Irrigation has said that its wholly owned subsidiary, Jain International Trading B.V. has priced U.S.D 200 million 5-year (non-call 3 year) senior unsecured Notes offering at 7.125 per cent per annum, due February 2022 (the Notes). This issue marks its successful debut of Jain Irrigation in the U.S. dollar bond markets. 

The Notes have been rated B+ by S&P/ B+ by Fitch. The Notes are proposed to be listed on the Singapore Stock Exchange. The proceeds from the issuance will be used to repay existing third party indebtedness and for general corporate purposes.

FREE TRIAL =FINANCIAL TRADING+INTRADAY CALLS+STOCK NEWS and many more just in a simple click here

No comments:

Post a Comment