{"id":84627,"date":"2025-10-27T00:00:00","date_gmt":"2025-10-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/torrent-pharma-lines-up-domestic-bond-sale-to-fund-merger\/"},"modified":"2025-10-27T00:00:00","modified_gmt":"2025-10-27T00:00:00","slug":"torrent-pharma-lines-up-domestic-bond-sale-to-fund-merger","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2025\/10\/27\/torrent-pharma-lines-up-domestic-bond-sale-to-fund-merger\/","title":{"rendered":"Torrent Pharma lines up domestic bond sale to fund merger"},"content":{"rendered":"

Torrent<\/a><\/strong>Pharmaceuticals<\/a><\/strong> plans to raise up to INR 140 bn (USD 1.6 bn) through domestic bonds<\/strong>, Reuters<\/a> reports. This comes after the Indian pharma player received approval from the country\u2019s competition regulator to acquire a majority stake of JB Chemicals & Pharmaceuticals for USD 2.2 bn. <\/p>\n

The AA+ rated issuance will be India\u2019s largest corporate bond sale so far this fiscal year<\/strong>, extending a trend of M&A financing through local debt markets. Barclays and Standard Chartered Bank will act as arrangers. (The Economic Times<\/a>)<\/p>\n

Merger to boost market ranking<\/strong>: <\/strong>The acquisition, cleared earlier this week by the Competition Commission of India, is expected to lift Torrent\u2019s ranking from the seventh to the fifth-largest drugmaker by market share, the newswire adds. The company plans to close the bond issue, with maturities between 15 and 42 months, by December.<\/p>\n

Policy context:<\/strong> Earlier this month, RBI permitted Indian banks to finance corporate acquisitions lending momentum to the M&A pipeline, particularly in capital-intensive areas such as pharmaceuticals. This captures the regulator\u2019s confidence in the sector's credit discipline and robust domestic debt markets, as companies like Torrent Pharma increasingly opt for local funding over offshore borrowing. (Reuters<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition could lift Torrent\u2019s ranking from the seventh to the fifth-largest Indian drugmaker by market share.<\/p>\n","protected":false},"author":1,"featured_media":84628,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2509],"tags":[2508,2402,2516],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-enterpriseam-india","tag-pharmaceuticals","wpautop","entry"],"acf":{"mongo_id":"dbbea1b5-d132-4e22-9940-f39eaeff7fd7","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/1546.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Torrent Pharma taps debt markets as M&A financing accelerates in India","related_issue":[84619],"teaser":"The acquisition could lift Torrent\u2019s ranking from the seventh to the fifth-largest Indian drugmaker by market share.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7c29ffae-7fa6-4f0b-8ae7-ce265dc949ab.mp3"},"yoast_head":"\nTorrent Pharma lines up domestic bond sale to fund merger - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2025\/10\/27\/torrent-pharma-lines-up-domestic-bond-sale-to-fund-merger\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Torrent Pharma lines up domestic bond sale to fund merger\" \/>\n<meta property=\"og:description\" content=\"The acquisition could lift 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