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Pipavav to raise $200M via FCCBs 

BY  Sneha Shah
Company to use proceeds for its current projects; mandates Citigroup Cap Market to run the issue.

Nikhil Gandhi promoted Pipavav Defence and Offshore Engineering Co. Ltd. is planning to raise around $150-200 million through foreign currency convertible bonds, three people with knowledge of the deal said. The company has mandated Citigroup Capital Markets to...

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