India's Aegis plans upto $250m
Aegis, the IT services arm of diversified Indian conglomerate Essar Group, plans to raise upto $250 million through a five-year bond issuance aimed at refinancing part of its debt, two sources with direct knowledge of the matter said on Thursday.
The firm has mandated Standard Chartered Plc , UBS AG and Deutsche Bank for the Reg S/144a U.S. dollar bond issuance, for which roadshows commenced in Singapore on Thursday, the sources told the news agency.
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