Epic Update : Hindalco Industries

Hindalco Industries is reportedly planning to raise Rs 5,000 crore to refinance its debt. Of total, the company will raise Rs 2,000 crore via bond issue. The bond issue will hit the markets in 2 quarters. Further, the company may take a loan of Rs 3,000 crore. SBI may be appointed as a lead banker for fund raising. 

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