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Bharat Forge to raise $500 million via offshore bonds: Report

05 Apr 2017 Evaluate

Bharat Forge is reportedly planning to raise $500 million in an overseas bond sale. The company will use the money to restructure debt and finance expansion.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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