Bonds/Securities

GMR Airports has raised Rs 11.1 billion from JP Morgan Securities and Morgan Stanley India Primary Dealer Private Limited to make payments on bonds due on September 24, 2022. With a due payment of Rs […]

Inox Wind Limited has raised Rs 4.02 billion by completing the allotment of equity shares and convertible warrants. The equity shares and convertible warrants have been sold at issue prices of Rs 126 and Rs […]

International Holding Company PJSC (IHC) of Abu Dhabi has completed a Rs 154 billion investment transaction in three Adani companies – Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). […]

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 […]

Bharti Airtel is expected to raise up to Rs 50 billion in the near future via rupee-denominated notes in the domestic market as it looks to restructure its high-cost debt and strengthen its balance sheet […]

The board of the Power Finance Corporation (PFC) has approved a proposal for borrowing Rs 820 billion in 2022-23. The board approved borrowings through bonds, foreign currency borrowings, debentures, short-term borrowings and commercial papers, among […]

Avaada Energy has announced that it will raise Rs 14.4 billion in green bonds in the Indian capital market at a rate of 6.75 per cent, making it the country’s largest AAA-rated green bond by […]

  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 […]

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 […]