INDIA: United Spirits gets bond issue green light

By just-drinks.com editorial team | 20 January 2012

Shareholders of United Spirits have approved the group's plan raise US$225m through a bond issue, with the distiller strongly denying that funds will be used to prop up UB Group's Kingfisher Airlines.

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Shareholders of United Spirits have approved the group's plan raise US$225m through a bond issue, with the distiller strongly denying that funds will be used to prop up UB Group's Kingfisher Airlines.

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