Jubilant Group Raises $660M for Coca-Cola Stake

Published 1 year ago

Jubilant Bevco and Jubilant Beverages are raising ₹56.50 billion via three-year bonds at 9% & 9.15% yield to fund a ₹126.50 billion acquisition of a 40% stake in Hindustan Coca-Cola Holdings.

₹30B raised by Jubilant Bevco at 9.15% yield.
₹26.5B raised by Jubilant Beverages at 9% yield.
Anchor investors committed ₹16.95 billion.

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