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Jubilant Life Sciences provides update on subsidiary

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Last Updated : Sep 24 2016 | 12:01 AM IST

Board of Jubilant Pharma approves proposal to launch unsecured high yield bonds issue

Jubilant Life Sciences announced that the Board of Directors of Company's material wholly-owned subsidiary, Jubilant Pharma (JPL) has, at its meeting held on 23 September 2016, approved the proposal to launch a benchmark offering of unsecured high yield bonds (the Notes) outside India by JPL, under Regulation S of the US Securities Act. The Notes are proposed to be listed on the Singapore Exchange Securities Trading.

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First Published: Sep 23 2016 | 11:06 AM IST

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