India’s Wockhardt mulls issue of private placement bonds, preferreds

By Susanna Moon

Chicago, Nov. 2 – Wockhardt Ltd. notified the Bombay Stock Exchange that it may issue debentures or bonds by way of a private placement or preference shares.

The company’s board of directors will hold a meeting on Nov. 10 to consider the issue, according to a notice.

Mumbai, India-based Wockhardt is a technology-driven pharmaceutical and biotechnology company.

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