With the successful refinancing of long-term debt of $1.1 billion, how does BBL plan to leverage it? One of the important developments of this quarter is the strategic refinancing of our long-term debt through a $800 million bond issuance and a new syndicated long-term loan facility of $300 million. We had taken on this debt to support the transformational acquisition which moved us from being a Science and Operations led company to becoming a fully integrated global biosimilars organisation, which now has its presence in over 120 countries. That debt needed to be refinanced for greater financial liquidity so that we could re-deploy investments into the business to fuel growth. The refinancing will now help us focus on growing the business, without worrying about the quarter-by-quarter debt-to-EBITDA ratio or servicing of the debt beyond paying off the interest.
Do you have any launches lined up in the coming quarters?
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