Jubilant Life Sciences has issued Commercial Papers (CPs) of Rs 40 crore. The tenure of the instrument is 30 days and allotted on February 28, 2017. The coupon/interest will be paid upfront at the rate of 6.34% per annum on maturity i.e. March 30, 2017. With this issue, the aggregate amount of commercial papers outstanding as on date is Rs 190 crore.
Jubilant Life Sciences is an integrated global Pharmaceutical and Life Sciences Company engaged in manufacture and supply of APIs, Solid Dosage Formulations, Radiopharmaceuticals, Allergy Therapy Products and Life Science Ingredients.