<ul><li>Zee Media Corp. plans to raise $46.59 million (about Rs 399.78 crore) via Foreign Currency Convertible Bonds (FCCBs).</li><li>The bonds will be issued on a private placement basis to UNICO Global Opportunities Fund Ltd. and Sun India Opportunities Investing Fund.</li><li>The FCCBs have a 10-year maturity period and will be split into five series.</li><li>The conversion price for the FCCBs is set at Rs 13.50 per equity share.</li></ul>

Zee Media Plans Nearly Rs 400-Crore Fund Raise Via FCCBs

Discover more