Bonds/Securities

Vector Green Energy Private Limited, a private-equity backed firm, is raising about Rs 12 billion via green bonds in the domestic market. The company will use the proceeds to pay off long-term debt and fund […]

NTPC has raised Rs 9 billion by issuing unsecured, redeemable, taxable, listed, rated NCPs, of which Series-I debentures worth Rs 4 billion would mature on February 23, 2024 and Series-II debentures worth Rs 5 billion […]

REC Limited has raised $500 million through the issuance of bonds under its $7 billion global medium-term note programme, which would be used to finance the power sector. The notes will mature on September 1, […]

Bharti Airtel is reportedly planning to raise $1 billion with an offer of perpetual bonds – securities with no maturity date for investors. To this end, the telco is believed to have sounded various MNC […]

The Power Finance Corporation Limited’s Rs 50 billion taxable NCDs issue was oversubscribed close to nine times and closed for subscription 11 days ahead of schedule. The first tranche of Rs 50 billion, including Rs […]

GMR Hyderabad International Airport Limited (GHIAL) has secured funds to expand the existing Hyderabad airport. On January 26, 2021, it successfully priced an offering of a $300 million bond in the international bond market. GHIAL […]

The Indian Railway Finance Corporation (IRFC) has raised $750 million in bonds based on the Regulation S offering format under IRFC’s recently updated $4 billion global medium-term note programme. The bonds will be issued for […]

Sadbhav Infrastructure Projects Limited will raise Rs 7 billion ($96 million) through non-convertible debentures (NCDs). The investor consortium will be led by Allianz Global Investors and joined by AMP Capital. The NCDs will have a […]

Sterlite Power has raised Rs 2 billion in debt financing from Allianz Global Investors. The amount has been raised as a non-convertible debenture with a three-year tenor and is part of the larger refinancing exercise […]

Power Finance Corporation Limited (PFC) is planning to sell bonds worth $1.4 billion to individual investors. According to PFC’s draft prospectus, it plans to raise the entire amount in this quarter. The planned offering will […]

The Adani International Container Terminal’s $300 million maiden bond issue was oversubscribed 10 times with interest coming in from 220 investors. The issue of 10 years was priced at par to yield a 3 per […]

Varanasi will issue municipal bonds worth Rs 2 billion to raise funds for investing in the city’s infrastructure development. The Varanasi Municipal Corporation (VMC) has added 89 villages to its municipal limits for the bond […]

ReNew Power has raised about $325 million through an overseas green bond sale as the company aimed to repay high-cost local debt and expand capacity. Reportedly, the bonds were initially planned to offer 5.875 per […]

Adani Ports and Special Economic Zone Limited (APSEZL) is set to raise about $1 billion in overseas bonds with a maturity of up to 30 years in the first long-term issuance by an Indian company […]

Two public sector units, the Indian Railway Finance Corporation (IRFC) and Bharat Petroleum Corporation Limited (BPCL), have cumulatively raised Rs 50 billion from the corporate bond market. IRFC raised Rs 30 billion via 15-year bonds […]

Adani Green Energy Limited (AGEL) plans to raise up to $12 billion by selling green bonds over the next four to five years. The company expects to raise $2 billion-$3 billion annually from the sale […]

Adani Transmission Limited (ATL) has raised $90 million on a private placement basis to cater to the growing demand for power by expanding its transmission network. The $90 million US-denominated fund has been raised by […]

Bharti Airtel has begun its $3 billion fundraising exercise by launching qualified institutional placement (QIP) and foreign currency convertible bond (FCCB) issues worth $2 billion and $1 billion respectively. Airtel’s board has fixed the floor […]