2nd Sep 2015 07:09
LONDON (Alliance News) - Jubilant Energy NV on Wednesday said its Indian subsidiary has entered into a financing deal, sending its shares higher in early trade.
Jubilant said Jubilant Energy Pvt Ltd, its Indian business, has secured a INR155 million funding deal which will be used to back its operating and debt costs, along with other general corporate purposes.
The news sent Jubilant shares up by 20% in early trade to 0.45 pence, one of the best performers in the London market.
By Sam Unsted; [email protected]; @SamUAtAlliance
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