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Wipro’s arm raises $750 million from overseas bond sale

24 Jun 2021 Evaluate

Wipro’s step-down subsidiary -- Wipro IT Services, has raised $750 million from an overseas bond sale. Last week, Wipro had announced that Wipro IT Services will issue US dollar denominated notes worth $750 million on June 23. A proposal for the same had been approved by the Board of Wipro IT Services on June 10.

Wipro is a leading global information technology, consulting and business process services company.

Peers
Company Name CMP
TCS 2484.70
Infosys 1148.00
HCL Technologies 1406.05
Wipro 190.95
Tech Mahindra 1771.15
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