Jubilant Bhartia plans Rs 5,600 crore bond issue to fund Coca-Cola deal

The Jubilant Bhartia Group plans to raise over ₹5,650 crore through non-convertible debentures (NCDs) via two group entities to partially finance its ₹12,650 crore acquisition of a 40% stake in Hindustan Coca-Cola Holdings Pvt Ltd (HCCH), the parent company of Coca-Cola’s largest bottling partner in India.