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Fortis Healthcare Reports Debt Securities Issuance

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The latest update is out from Fortis Healthcare Ltd. ( (IN:FORTIS) ).

Fortis Healthcare Limited has reported details of its debt securities issued through private placement, as per the SEBI Master Circular. The company has issued debt securities amounting to a total of 1,550 Crore INR, with a coupon rate of 8.486% for the first year, which will be reset annually. This announcement is significant for stakeholders as it reflects Fortis Healthcare’s financial strategies and commitments in the debt market, potentially impacting its financial stability and market positioning.

More about Fortis Healthcare Ltd.

Fortis Healthcare Limited is a leading healthcare provider in India, operating a network of hospitals offering a range of services including diagnostics, primary care, and specialty treatments. The company focuses on delivering high-quality healthcare services and is a significant player in the Indian healthcare industry.

YTD Price Performance: -8.37%

Average Trading Volume: 41,776

Current Market Cap: 477.4B INR

Learn more about FORTIS stock on TipRanks’ Stock Analysis page.

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