Wipro Ltd.

Wipro’s step-down subsidiary -- Wipro IT Services is planning to issue US dollar denominated notes worth $750 million on June 23. The net proceeds of the notes, which are proposed to be listed on Singapore Exchange Securities Trading, are intended to be utilised for refinancing existing debt and general corporate purposes. The size of the issue is $750 million and the tenure is five years.

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