{"id":833890,"date":"2024-07-18T10:26:28","date_gmt":"2024-07-18T04:56:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=833890"},"modified":"2024-07-18T10:26:28","modified_gmt":"2024-07-18T04:56:28","slug":"zee-board-okays-rs-1997-cr-raise-via-convertible-debt","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/18\/zee-board-okays-rs-1997-cr-raise-via-convertible-debt\/","title":{"rendered":"Zee board okays Rs 1,997 cr raise via convertible debt"},"content":{"rendered":"<p>Mumbai: The board of Zee Entertainment Enterprises has given its approval to raise \u20b91,997 crore ($239 million) from Resonance Opportunities Fund, St. John&#8217;s Wood Fund Limited, and Ebisu Global Opportunities Fund by issuing foreign currency convertible bonds (FCCBs) on a private placement basis.<\/p>\n<p>In a regulatory filing, the company said it will issue unsecured, unlisted FCCBs, which will mature in 10 years, at a 5% coupon per year. The FCCBs will be split into 10 series, and the proceeds will be drawn in tranches, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The board of Zee Entertainment Enterprises has given its approval to raise \u20b91,997 crore ($239 million) from Resonance Opportunities Fund, St. John&#8217;s Wood Fund Limited, and Ebisu Global Opportunities Fund by issuing foreign currency convertible bonds (FCCBs) on a private placement basis. In a regulatory filing, the company said it will issue unsecured, unlisted FCCBs, which will mature in 10 years, at a 5% coupon per year. The FCCBs will be split into 10 series, and the proceeds will be drawn in tranches, it added.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-833890","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=833890"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833890\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=833890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=833890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=833890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}