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Shivinder Mohan Singh on fund raising plans

PUBLISHED ON: May 11, 2010 | Duration: 2 min, 46 sec

  
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Fortis Healthcare is planning to raise $185 million via foreign currency convertible bonds issuance and preferential issue of shares, to fund acquisitions. Shivinder Mohan Singh, MD, Fortis Healthcare, says the whole plan is to correct debt-equity ratio.
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