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Jubilant Life Sciences provides update on subsidiary

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Capital Market

Jubilant Pharma, Singapore issues Unsecured High Yield Bonds

Jubilant Life Sciences announced that its wholly owned subsidiary, Jubilant Pharma, Singapore has successfully completed on 06 October 2016, a debt issue of its rates unsecured high yield bonds (Notes) bearing interest of 4.875% per annum. The Notes were issued at par in a principal amount of USD 300 million and will mature in October 2021. The Notes will be listed on Singapore Exchange Securities Trading.

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First Published: Oct 07 2016 | 10:47 AM IST

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