Biocon Biologics is planning to raise $950 million through overseas bonds

Biocon Biologics is planning to raise 0 million through overseas bonds

Biocon Biologics plans to raise $950 million dollars in overseas bond sales that will be managed by lenders including Standard Chartered Bank and HSBC, said three people aware of the fundraising. The funds will be used to refinance a large part of the $1.2-billion debt raised for the acquisition of Viatris Inc.’s biosimilars business, said … Read more

OYO withdraws DRHP, to refile IPO post refinancing: Sources

OYO withdraws DRHP, to refile IPO post refinancing: Sources

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said. JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated … Read more