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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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