*Big Savings*: RAIN INDUSTRIES LTD

Rain Industries has raised USD 550 million dollars through Senior Secured Notes. Same will be used to retire earlier HIGH COST SSNs (effective 1st April)

It will lead to annual savings of around *50-55crores in interest cost* adding directly to PBT

_CPC prices have touched all-time high. Rain should report highest ever NP for March quarter. Stock *will* cross 140 in May 2017_

Stay tuned for _more Breaking News_ next week on Rain which can take its share price to 122 by end of next week