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Sun Pharma Plans to Raise 100 Billion Rupees Through Bonds

Sun Pharmaceutical Industries plans to raise 100 billion rupees ($1.05 billion), including a 30 billion rupee greenshoe option, through two bond tranches, bankers said.

SUNPHARMA

India's Sun Pharmaceutical Industries NSE:SUNPHARMA plans to raise 100 billion rupees ($1.05 billion), including a greenshoe option of 30 billion rupees, through two tranches of five-year and one-day bonds, three merchant bankers said on Monday.The issuer plans to raise up to 30 billion rupees thro…