GMR Hyderabad International Airport Limited, a GMR Group company, has raised $300 million from the overseas bond market to take up expansion works at the Rajiv Gandhi International Airport. In this regard, a purchase agreement […]
Hyderabad-based Mytrah Energy Limited has raised Rs 18 billion from the Piramal Group’s financial services companies in the form of non-convertible debentures (NCDs). The NCDs, carrying a tenor of seven years, will be invested in […]
Public sector lender Indian Bank has raised Rs 20 billion through the issue of long-term bonds to finance infrastructure and affordable housing. The amount raised is part of the bank’s Rs 50 billion fundraising plan […]
The Inland Waterways Authority of India (IWAI) has raised extra budgetary resources (EBRs) amounting to Rs 6.6 billion as Government of India fully serviced bonds. These EBRs raised by way of bonds are in addition […]
The National Highways Authority of India (NHAI) has raised Rs 50 billion by selling 30-year bonds at a coupon rate of 7.24 per cent to the Life Insurance Corporation of India for funding road projects […]
The Pune Municipal Corporation (PMC) has become the first local body in the country to issue municipal bonds in nearly one and a half decades, raising Rs 2 billion for the smart city project. Domestic […]
The Rural Electrification Corporation (REC) has launched its first green bond on the London Stock Exchange (LSE) and raised $450 million to finance renewable energy projects in India. The 10-year dated green bond carries an […]
The International Finance Corporation, a member of the World Bank group, has bought green bonds worth Rs 6.67 billion ($103 million) sold by L&T Infrastructure Finance Company Limited, a subsidiary of L&T Finance Holdings Limited. […]
Adani Ports and Special Economic Zone Limited (APSEZL) has raised $275 million through unsecured notes. The notes are expected to be listed on Singapore Exchange Securities Trading Limited. APSEZL has raised the amount by the […]
Tata Power Renewable Energy Limited (TPREL) has issued and allotted guaranteed, unsecured, non-cumulative, redeemable, taxable, listed, rated non-convertible debentures (NCDs) worth Rs 5 billion on private placement basis. The NCDs will carry a coupon rate […]
The standing committee of the Pune Municipal Corporation (PMC) in Maharashtra has approved the proposal to raise funds via municipal bonds for the 24×7 water supply project. Bonds worth Rs 23 billion will be issued […]
The Ministry of Urban Development (MoUD) has allowed as many as 26 municipal corporations to issue bonds to raise funds for developing urban infrastructure under initiatives such as the Smart Cities Mission and the Atal […]
State-run power companies are planning to raise nearly $1 billion (about Rs 64 billion) through masala bonds in the UK during 2017-18. While NTPC Limited is expected to raise Rs 20 billion-Rs 30 billion to […]
The MoRTH has received an overwhelming response for the National Highways Authority of India’s (NHAI) masala bond issue at the London Stock Exchange. The initial benchmarked issue of Rs 15 billion was upsized to Rs […]
The New Development Bank (NDB) proposes to raise $300 million-$500 million through masala bonds and increase its exposure to infrastructure projects in India to $600 million-$700 million during 2017-18. The bank is planning the issue […]
The Inland Waterways Authority of India (IWAI) has raised funds amounting to Rs 3.4 billion through its maiden bond issue from the market. The fully serviced Government of India bonds were privately placed with banks […]
The Kandla Port Trust (KPT) plans to raise Rs 10 billion through external commercial borrowings to fund its capacity augmentation projects. KPT has already appointed SBI Capital Markets as the consultant for the same. Reportedly, […]
GAIL (India) Limited is planning to raise Rs 7.5 billion via the private placement of bonds to finance its ongoing projects. The company has the option to double the issue size via private placement in […]
Adani Ports and Special Economic Zone Limited (APSEZ) has raised $500 million by the allotment of fixed-rate senior unsecured notes. The notes have been raised in accordance with Regulation S and Rule 144A of the […]
NTPC Limited is reportedly planning to sell foreign currency-denominated bonds worth Euro 500 million soon. The company will offer the bonds as part of a programme to borrow $4 billion for meeting funding requirements. The […]
COPYRIGHT © 2016 | INDIAN INFRASTRUCTURE
Error: Contact form not found.