Hindalco arm Novelis to offer $500-million senior unsecured notes to refinance debt
Proceeds from the offering will primarily be used to repay $491 million in outstanding borrowings under its revolving credit facility. Shares of Hindalco Industries Ltd ended at ₹586.60, down by ₹2, or 0.34%, on the BSE.
Proceeds from the offering will primarily be used to repay $491 million in outstanding borrowings under its revolving credit facility. Shares of Hindalco Industries Ltd ended at ₹586.60, down by ₹2, or 0.34%, on the BSE.
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