Bonds/ Debentures

The Ministry of Finance, through the Central Board of Direct Taxes, has notified that bonds issued by Indian Renewable Energy Development Agency Limited (IREDA) will qualify as ‘long-term specified assets’ under section 54EC of the […]

The Pimpri Chinchwad Municipal Corporation (PCMC) has raised Rs 2 billion through green municipal bonds. The issue was oversubscribed 5.1 times. The base size of the issue was Rs 1 billion. The proceeds from the […]

Adani Ports and Special Economic Zone (APSEZ) has raised Rs 50 billion through rupee denominated bonds. Life Insurance Corporation subscribed to the issue entirely as it was a pre-approved, privately negotiated transaction. The bonds were […]

The Greater Chennai Corporation (GCC) has listed municipal bonds worth Rs 2 billion on the National Stock Exchange (NSE). GCC has become the first civic body in Tamil Nadu to achieve this milestone. The GCC […]

Reportedly, Shapoorji Pallonji Group (SP Group) has signed a deal to raise $.3.4 billion through zero-coupon rupee bonds with a tenor of three years. The proceeds will be utilised to refinance the existing debt. The […]

Varanasi Nagar Nigam has raised Rs 500 million through its first issuance of municipal bonds. The funds were raised at a coupon rate of 8.01 per cent, the lowest rate ever secured by any municipality […]

REC Limited has raised Rs 50 billion through the issuance of bonds via private placement to strengthen its funding base for power sector financing. The offering comprised Rs 30 billion through 5-year bonds carrying a […]

GMR Airports has raised Rs 4 billion through non-convertible bonds (NCBs) through private placement. The bonds carry a coupon rate of 5 per cent with a tenure of 36 months. The proceeds will be utilised […]

Capital Infra Trust, a roads sector infrastructure investment trust (InvIT), has raised Rs 23.63 billion through the issuance of two series of debt securities. Of the two, the first issuance consisted of 116,300 units of […]

Capital Infra Trust, a roads sector infrastructure investment trust (InvIT), has raised Rs 23.63 billion through the issuance of two series of debt securities. Of the two, the first issuance consisted of 116,300 units of […]

Varanasi-Aurangabad NH-2 Tollway Private Limited (VAH), fully owned by the ROADIS Group, has successfully raised Rs 26.30 billion ($316.30 million) via dollar-denominated bonds. The bonds have a 5.9 per cent interest rate and a nine-year […]

Cube Highways Trust has raised Rs 6 billion through bond issuance. The issue comprised of 60,000 NCDs at a face value of Rs 0.1 million each, with a duration of 19 years and 1 month […]

Cube Highways Trust, a highways sector infrastructure investment trust (InvIT) has raised Rs 8.6 billion through sustainability-linked bonds (SLB) from the International Finance Corporation (IFC). It marks the first SLB issuance by a roads sector […]

Embassy Office Parks real estate investment trust (Embassy REIT) has raised Rs 10 billion through non-convertible debentures (NCDs). The NCDs carry a coupon rate of 7.73 per cent with a duration of five years. The […]

NDR InvIT, a warehousing infrastructure investment trust (InvIT), has raised $75 million (approximately Rs 6.3 billion) from the International Finance Corporation (IFC) in domestic currency sustainability-linked bonds. The proceeds from the funds raised will be […]

Bank of India (BOI) has raised Rs 100 billion through the issuance of infrastructure bonds. The issue comprised a base size of Rs 50 billion, with a greenshoe option of an additional Rs 50 billion. […]

Bank of Baroda (BoB) has raised Rs 50 billion through infrastructure bonds. The bonds have a maturity period of 10 years and carry a coupon rate of 7.23 per cent. The issue comprised a base […]

GMR Group has raised Rs 63 billion from the Abu Dhabi Investment Authority (ADIA) through optionally convertible debentures (OCDs). The company secured the debt funding from ADIA in October 2024. The funds will be used […]

NDR InvIT has raised Rs 7.45 billion from the National Bank for Financing Infrastructure and Development (NaBFID) by issuing 15-year long-term bonds. The proceeds from the funds raised will be used to develop industrial parks […]