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Persistent’s board approved proposals for up to USD 1.25 billion of long-term debt financing and up to USD 450 million through equity or convertible securities, with combined financing capped at USD 1.25 billion, subject to shareholder and regulatory approvals. Context: establishes the outstanding acquisition funding framework.
Persistent Systems Approves Rs.9,000 Crore Debt For Nagarro Acquisition Funding
Persistent Systems Clears Minimum Acceptance Threshold In Nagarro Takeover Offer
Persistent Systems Board Approves Up To USD 1.25 Billion Financing
Persistent Systems Schedules September 1 One-On-One With Millennium Management
Persistent Systems Schedules One-On-One Meetings With Premji Invest And MFS International