The board of Bank of India (BoI) has given approval to raise Rs 100 billion via long-term infrastructure bonds in 2024-25 to fund infrastructure projects. Of late, many banks including SBI have issued infrastructure bonds […]
Adani Energy Solutions, formerly Adani Transmission, is planning to raise around $400 million-$500 million through a private placement of bonds. The fundraising will involve a private placement of Regulation-D notes, a provision that exempts certain […]
The Rural Electrification Corporation (REC) will adopt an uncommon structure to raise Rs 50 billion ($603.2 million) via a private placement of 10-year long deep-discount bonds before the end of March 2024. Bankers anticipate a […]
Power Grid Corporation of India Limited’s (Powergrid’s) board has approved a proposal to raise up to Rs 12 billion through bond issuance. The committee of directors for bonds has approved the issuance of unsecured, non-convertible, […]
The Vadodara Municipal Corporation (VMC) is planning to issue Asia’s first certified green municipal bond for sustainable water infrastructure worth Rs 1 billion. The bond aims to foster sustainable urban development, aligned with the Paris […]
According to industry sources, Bharat Sanchar Nigam Limited (BSNL) is planning to issue two 10-year government-guaranteed bonds to raise funds up to Rs 24.06 billion ($290.3 million), which includes a greenshoe option of Rs 18.01 […]
Power Grid Corporation of India Limited’s (Powergrid) board has approved the proposal aimed at raising up to Rs 12 billion through bond issuance. The committee of directors for bonds has approved the issuance of unsecured, […]
The Rural Electrification Corporation (REC) will tap an uncommon structure to raise Rs 50 billion ($603.2 million) via a private placement of 10-year long deep-discount bonds before the end March 2024. Bankers expect a strong […]
As per media sources, GMR Airports (GMR) has raised funds worth Rs 22.5 billion from finance companies and private credit investors. The funds were reportedly raised at 13.275 per cent in the form of listed, […]
Serentica Renewables Private Limited has secured external commercial borrowings amounting to Rs 35 billion for the company’s round-the-clock renewable energy project. The financial transaction involves collaboration with a consortium of six prominent banks, including three […]
REC Limited declared a successful fundraising of approximately Rs 35 billion through the green bonds’ issuance. Under its global medium-term notes programme of $10 billion, the company issued its first set of green bonds totaling […]
The Indian bond market has witnessed significant fundraising activity with Bank of Baroda, National Bank for Agriculture and Rural Development (NABARD) and the Indian Renewable Energy Development Agency (IREDA) raising Rs 135 billion via bond […]
Vedanta Limited is likely to raise Rs 34 billion ($408.76 million) through an issue of debentures. This is its third fundraising move in 2023-24. The fundraise comes at a time when the company is seeking […]
India Infrastructure Finance Company Limited (IIFCL) is planning to raise Rs 20 billion through its maiden green bonds in the next six months to fund sustainable projects. This could be a mix of both domestic […]
Bharti Telecom is planning to raise bonds worth approximately Rs 80 billion ($961 million) in the local currency bond market. If the deal is executed, it will be Bharti Telecom’s largest-ever rupee issuance. It is […]
The Adani Ports and Special Economic Zone (APSEZ) will raise Rs 50 billion by issuing non-convertible debentures (NCDs) and Rs 2.5 billion through non-cumulative redeemable preference shares. The majority of the funds issued will be […]
Adani Green Energy Limited (AGEL) is planning to raise $410 million through a new bond issuance to refinance a dollar bond set to mature in about a year. The refinancing initiative is intended for AGEL’s […]
The Yamuna Expressway Industrial Development Authority (YEIDA) has recently initiated a process to raise Rs 100 billion via infrastructure and municipal bonds for its upcoming big-ticket projects, including a rapid rail corridor. A prerequisite for […]
A total of five banks have raised Rs 408.95 billion via infrastructure bonds, till November 2023-24, which is double the amount raised via such bonds throughout 2022-23. Public sector banks such as SBI, Canara Bank […]
Adani Green Energy Limited (AGEL) is planning to raise $410 million through a new bond issuance to refinance a dollar bond set to mature in about a year. The refinancing plan for Adani Green’s $500 […]
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