Future Retail climbs 9% as firm repays Rs 100 crore on dollar notes - ET Retail
Future Retail climbs 9% as firm repays Rs 100 crore on dollar notes – ET Retail
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NEW DELHI: Shares of Future Retail rallied 9 per cent in Tuesday’s trade after the Kishore Biyani-led company paid around Rs 103 crore ($14 million) as interest on its dollar notes, according to a regulatory filing.
The debt-ridden company has paid the interest amount of $14 million due on the 5.60 per cent senior secured notes due 2025 after a grace period of 30 days, Future Retail said…
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