Corporate

United Spirits to raise $300 mn to repay debt

The country largest liquor manufacturer, United Spirits Limited (USL) today said it will raise $300 million through various channels to repay part of its debt. "We have repaid $300 million of debt and another $250-$300 million dollar of debt will be repaid by the end of this fiscal," United Breweries Group President & CFO Ravi Nedungadi told reporters on the sidelines of an Assocham event.

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19.07.2011

Online loans commented:

It will be gud if they will able to raise the money and can recover from the debt

18.08.2011

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This will be a good option for the people and they will surely bring good results out of it.

12.09.2011


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