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Mahindra And Mahindra Ltd Sells 50-Year Bond-DJ


Wednesday, 3 Jul 2013 09:14am EDT 

Dow Jones reported that Mahindra And Mahindra Ltd has raised INR 5 billion ($83 million) by selling the 50-year bond ever, a company executive said. The money will be used for long-term capital expenditure, refinancing old debt and as working capital. Yes Bank Ltd. was the sole manager for the bond sale. 

Company Quote

1191.0
-15.45 -1.28%
28 Jul 2014