Bharat Forge Plans to Raise $500 Million in Placement

Bharat-Forge

Deal Facts

Deal Type: Debt Offering
Deal Sub-Type: Private Placement
Issuer: Bharat Forge Ltd
Deal Country: India
Deal Status: Planned
Announced Date: 05-Apr-2017
Deal Value (USD m): 500.00
 

Deal in Brief

Bharat Forge Limited, an India-based manufacturer of forged and machined engine and chassis components, is planning to raise USD500 million through issue of bonds in placement.
Deal Rationale
Bharat Forge will use the proceeds to restructure debt and finance expansion.

Companies Involved

Targets

 
Company Name:
Address:
Pune Cantonment, Mundhwa, Pune
Country:
India
Phone:
91 20 67042777
Fax:
91 20 6822387
Website

Financial Information

 
Deal Financials
Deal Value (US$ m)
: 500.00
Type Of Security
: Bonds

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