Tulip Telecom appoints advisor to raise fresh funds to repay outstanding FCCBs

By Sneha Shah

  • 28 Jun 2012
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Tulip telecom

Tulip Telecom Ltd is looking at raising funds through foreign currency convertible bonds or FCCBs to repay its debt that comes for redemption in August. The telecom company has appointed Elara Capital Plc. to  help it raise the required amount.“The company is looking to raise more than Rs 1,000 crore ......

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