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[FT IN] Falcon Tyres :: to seek INR40 bn ($865 mn) via debt and equity

[FT IN] Falcon Tyres :: to seek INR40 bn ($865 mn) via debt and equity

Falcon Tyres plans to seek as much as INR40 bn ($865 mn) in debt and equity financing to fund expansion. The company’s Board has approved equity fnancing in the amount of INR10 bn ($216 mn) and to increase the borrowing limit to INR30 bn. The equity capital raise is planned in several stages, the first [...]

February 2 2010 | Posted in Asia -ex, Automobiles & Parts, Automobiles & Parts, COMPANIES, Consumer Goods, India, Stocks, Tires | Read More »