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Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro deal

viaeconomictimes.indiatimes.com6d ago
Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro deal
Persistent Systems plans to raise more than ₹6,000 crore through non-convertible debentures for its Nagarro SE acquisition. The company successfully completed a QIP earlier this week, raising ₹4,264 crore. NCDs will range from one to five years, averaging three years in maturity. Persistent secured…

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