Jubilant raises USD 200 mn through FCCBs

Mumbai, Apr 25 (UNI) Drug maker Jubilant Organosys Ltd has raised USD 200 million through the foreign currency convertible bond (FCCB) issue.

The zero-coupon 5-year issue is convertible at the price of Rs 413.45 per share. The funds will be used for expansion and acquisition purposes, Jubilant said in a statement.

The FCCBs will be listed on the Singapore stock exchange.

UNI GC KU SKB1717