IIFCL raises Rs 60 billion via debt to fund infra projects

March 2022

India Infrastructure Finance Company Limited (IIFCL)  has raised Rs 15 billion in debt to realise the government’s infrastructure vision. With the objective of promoting long-term infrastructure funding in India, IIFCL has obtained funds from the domestic […]

IL&FS group to resolve debt of Rs 550 billion by March

March 2022

  The IL&FS Group stated that it would resolve debt totalling Rs 550 billion by March 2022 through asset monetisation, restructuring, and in­sol­vency pro­ceeding initiatives, in its affidavit filed before the National Company Law Appellate […]

NTPC raises Rs 9 billion via debentures

March 2021

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 raises $500 million through bonds

March 2021

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, […]

Hyderabad airport secures funds for expansion

February 2021

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 […]

Varanasi to issue municipal bonds worth Rs 2 billion

January 2021

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 […]

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