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DEBT | 3 December 2012

Thomas Cook To Raise Debt Through Private Placement

by Vivek Singh
 
@vivek
Thomas Cook India is set to raise R200 Cr through private placement of NCDs.

The BSE filing stated the raising of debt for a tenor of three to five years and may be secured by charge on movable and/or immovable property (ies) of the company.

However, the utilization of the funds was not revealed by the company.

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China's Hareon Solar Partners Nereus Capital For India Foray

Chinese solar panel maker Hareon Solar Technology Company is partnering US-based, India-focused private equity firm Nereus Capital for foraying into the Indian sub continent as the former seeks to set up 150 MW of solar power plants in India in the next two years.

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