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Olin Announces Chlor Alkali Capacity Reduction
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Konstante Trinkwasserdesinfektion fördert Tiergesundheit
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Caustic Soda Market 2021, Global Trends, Opportunity and Growth Analysis Forecast by 2027
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Caustic Soda Market 2021, Global Trends, Opportunity and Growth Analysis Forecast by 2027 – Business
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DCW jumped 8.16% to Rs 30.5 after the specialty chemical maker announced that it has completed refinancing its debt with the issuance of non-convertible debentures and optionally convertible debentures.In an exchange filing during market hours today, DCW said that it has completed the refinancing of its debt with the issuance of NCDs (non-convertible debentures) amounting Rs 350 crore and OCDs (optionally convertible debentures) to be converted into equity within 18 months, amounting to Rs 60 crore.
DCW said it will utilise the funds in refinancing the existing term loans and augment working capital. The company expects this fundraise to enhance capacity utilization, and meet increasing product demand. These NCD s carry a moratorium of 18 months and a tenure of six years.