Biocon Biologics raises $300 million for debt refinancing
- Posted on October 9, 2024
- By Business News Today
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Biocon Biologics raises $300 million for debt refinancing
The loan was priced at 175 basis points above the three-month secured overnight funding rate (SOFR), which was trading at 4.59%. That pegs the floating-rate loan at 6.34%, people familiar with the matter said.