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 […]
Mahanagar Telephone Nigam Limited (MTNL) is planning to seek shareholder approval for monetisation of land and buildings and raising up to Rs 65 billion through non-convertible debentures (NCDs). The company will seek shareholder approval for […]
NTPC is planning to raise around Rs 100 billion through green bonds for the acquisition of the central government’s stake in THDC India Limited (THDCIL) and North Eastern Electric Power Corporation Limited (NEEPCO). Proceeds from […]
The Union cabinet has approved the launch of the Bharat Bond Exchange Traded Fund (ETF). The Bharat Bond ETF will be a basket of bonds issued by state firms or government organisations and will be […]
State-run Bharat Sanchar Nigam Limited (BSNL) is planning to issue sovereign bonds for raising Rs 150 billion in December 2019. The operator has already written to the Department of Telecommunications (DoT) seeking its approval to […]
Air India Assets Holding Limited (AIAHL), the special purpose vehicle (SPV) formed for offloading Air India’s existing debt, has issued bonds for the third time raising funds worth Rs 79.85 billion. This bond issue has […]
HPCL-Mittal Energy (HMEL), a joint venture (JV) between Hindustan Petroleum Corporation Limited and Mittal Energy Investment, Singapore, has raised $300 million by selling bonds to offshore investors. The company plans to use the proceeds to […]
The Power Finance Corporation (PFC) has raised $1 billion through Reg-S bonds in the international market. The transaction was executed in two tranches – a five-year tranche for $400 million at 3.87 per cent at […]
Adani Green Energy Limited (AGEL), through its three subsidiaries, has issued and listed green bonds raising $500 million. This is the first issuance by a private non-banking company on the Global Securities Market (GSM). The […]
The Rural Electrification Corporation (REC) has raised about Rs 11 billion from its AAA-rated bonds carrying a two-year seven-month maturity at 8.5 per cent interest per annum. The higher rate is due to a combination […]
Delhi International Airport Limited (DIAL), a GMR Group company, is planning to raise funds amounting to $350 million through a 10-year senior secured bond facility. The proceeds from the loan will be used to fund […]
The Indian Railway Finance Corporation (IRFC) has raised $500 million via overseas bonds as part of its fundraising activity. The bonds were oversubscribed by three times and carry an interest rate of 2.23 per cent […]
Bengaluru International Airport Limited has raised a syndicated loan amounting to Rs 102 billion from the State Bank of India (SBI) and Axis Bank for taking up expansion works at the airport. The airport authority, […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE