Hindalco seeks equity financing to cut debt
India’s biggest aluminium producer aims to raise $500 million via a qualified institutional placement to help reduce leverage on its balance sheet.
March 03, 2017
Power Finance Corp (PFC), an Indian government-controlled company that provides financing and advisory services for power projects, has sold approximately Rs45.8 billion ($1 billion) worth of shares after pricing its follow-on public offering at the top end of the range.
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