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Sun Pharma Raises ₹10,000 Crore Through Two Bond Tranches

Sun Pharmaceutical Industries is raising ₹10,000 crore through two rupee-denominated bond tranches, with coupons of 8.05% and 8.20%, ET reports, citing people aware of the development. The funds are intended to partly finance the Organon deal.

OGNSUNPHARMA

Shilpy Sinha Mumbai: Sun Pharmaceutical Industries, the country's largest drugmaker by market value, is raising 10,000 crore through two tranches of rupee-denominated bonds, with coupons of 8.05% and 8.20%, people aware of the development told ET. The funds are being garnered to partly help refinan…