Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending.
The shares are issued to refinance existing loans
Increased spending on raw material, manpower caused the fall
The contraceptive pill named Levonorgestrel 1.5 mg is known by its brand name of Novella-1
The drugmaker’s nine months’ profit exceeds FY22’s full year figure
Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending.
The shares are issued to refinance existing loans
Increased spending on raw material, manpower caused the fall
The contraceptive pill named Levonorgestrel 1.5 mg is known by its brand name of Novella-1
The drugmaker’s nine months’ profit exceeds FY22’s full year figure
