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BRIEF-ENL Commercial's unit raises 560 mln rupees through bond placement
January 13, 2017 / 12:47 PM / 8 months ago

BRIEF-ENL Commercial's unit raises 560 mln rupees through bond placement

Jan 13 (Reuters) - ENL Commercial Ltd :

* Says subsidiary, Commercial Investment Property Fund Ltd (CIPF), raised 560 million rupees on mauritian bond capital market through private placement

* Says proceeds of bond issue were used to repay existing bank debts within ENL Commercial Group, thus optimising its funding structure Source: bit.ly/2jr16E4 Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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