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Jubilant Life Sciences issues commercial papers worth Rs 50 crore

04 Nov 2017 Evaluate

Jubilant Life Sciences has issued Commercial Papers (CPs) aggregating to Rs 50 crore on November 3, 2017. The tenure of the instrument is 55 days and allotted on November 3, 2017. The coupon/interest will be paid upfront at the rate of 6.60% per annum on maturity i.e. December 28, 2017. With this issue, the aggregate amount of commercial papers outstanding as on date is Rs 100 crore.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in Pharmaceuticals, Life Science Ingredients and Drug Discovery Solutions.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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