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The Economic Times

Company / The Economic Times

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Sun Pharma to raise Rs 10,000 crore to part-finance Organon deal

Sun Pharmaceutical Industries plans to raise 10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance bridge loans taken for the Organon acquisition valued at $11.75 billion. The first tranche will amount to 7,000 crore with a coupon rate of 8.20%. Institutional investors are expected to participate, including notable companies like SBI Pension Fund and ICICI Prudential Mutual Fund.

21 Oct 2026 6:46 am