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Prospect News home > News index > List of issuers B > Headlines for Ballarpur Industries Ltd. > News item |
Bilt Paper again defers interest payment on $200 million securities
By Taylor Fox
New York, Aug. 6 – India’s Bilt Paper BV, a subsidiary of Ballarpur Industries Ltd., has elected to defer the interest payment due on its $200 million subordinated perpetual capital securities, which was scheduled to be paid on Aug. 11, according to a company announcement.
The issuer had previously deferred an interest payment on the securities that was due on Feb. 11, 2020.
The paper and pulp maker is based in Gurgaon, India.
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