NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised a base issue of Rs 20 billion and a greenshoe option of Rs 30 billion. The 0.5 million bonds issued were unsecured, non-convertible, taxable and redeemable.
Trends and Outlook: Capacity augmentation plans on the back of traffic growth
The launch of the long-awaited National Civil Aviation Policy (NCAP), 2016 has been a landmark move for the civil aviation sector in the past year. […]
