UltraTech Cement’s board approves US$411m bond issuance

Print this page

India: The board of UltraTech Cement has voted to raise up to US$411m through issuance of US dollar-denominated bonds. The company will use the proceeds to refinance existing Indian Rupee debt, with the remainder reserved for regular on-going capital expenditure requirements and general corporate purposes.

Last modified on 10 February 2021

URL: https://www.globalcement.com/news/item/11962-ultratech-cement-s-board-approves-us-411m-bond-issuance

© 2021 Pro Global Media Ltd. All rights reserved.