The Life Insurance Corporation of India has bought the first issuance of the National Highways Authority of India’s 30-year bonds in 2018-19. It has bought bonds worth Rs 20 billion. These bonds offer an 8.55 […]
Adani Green Energy, the renewable power arm of Adani Enterprises, is planning to raise $500 million-$750 million by selling dollar bonds, to refinance its debt and expand its business. Reportedly, Adani’s bonds could be of […]
The Ministry of Rural Development (MoRD) has approved funds worth Rs 36.93 billion for 703 road projects and 73 bridges in Jammu & Kashmir under the Pradhan Mantri Gram Sadak Yojana. Roads spanning a length […]
The National Highways Authority of India (NHAI) has agreed to provide financial assistance to the Jaipur Development Authority (JDA) for the acquisition of 26 hectares of land for the Jaipur ring road project. The land […]
Power Grid Corporation of India Limted (Powergrid) is planning to raise between Rs 20 billion and Rs 30 billion via masala bonds in fiscal year 2018-19. The state-owned entity is planning a capex of Rs […]
Reportedly, the Greater Hyderabad Municipal Corporation (GHMC) is planning to raise Rs 2 billion as a second tranche from the Rs 10 billion allocated to be raised through municipal bonds for the ongoing Strategic Road […]
Reliance Jio Infocomm Limited (RJIL) has raised Rs 25 billion in corporate bonds from Axis Bank over a term of five years at an interest rate of 8 per cent. The proceeds have been earmarked […]
Bharti Airtel has received approval from its board to raise up to Rs 165 billion for refinancing debt and paying for spectrum liabilities. The company’s board approved the issuance of non-convertible debentures (NCDs) of up […]
The Ministry of Road Transport and Highways (MoRTH) plans to raise Rs 1 trillion through off-budgetary sources in 2018-19 to fund Bharatmala. The amount will be raised through NHAI bonds, institutional financing from LIC, the […]
The National Highways Authority of India (NHAI) plans to raise Rs 85 billion from the Life Insurance Corporation [LIC] of India and Rs 100 billion from the National Small Savings Fund (NSSF) to finance the […]
Atria Power Corporation Limited, a Bengaluru-based renewable power producer, is planning to sell dollar bonds worth $500 million. The company has hired investment banks, including Barclays Plc, JPMorgan Chase and Company, and Swiss investment bank […]
Bharti Airtel has decided to raise about Rs 30 billion through the issue of listed, unsecured, rated, redeemable, non-convertible debentures through private placement. According to the company, the funds will be utilised to finance the […]
The National Highways Authority of India (NHAI) is planning to issue taxable bonds to raise funds worth Rs 30 billion for financing road projects under the Bharatmala Pariyojana. The proposal for the same has been submitted […]
According to reports, Bharat Petro Resources Limited (BPRL) plans to raise about $200 million through a comfort letter from Standard Chartered Bank and DBS Bank to fund the acquisition of a 3 per cent share […]
ReNew Power Ventures Private Limited has raised Rs 22.35 billion via non-convertible debentures (NCDs) for the repayment of its existing loans. The issuance has been undertaken in two parts – credit enhanced NCDs worth Rs […]
The board of IL&FS Transportation Networks Limited has given its nod for the issuance of masala bonds worth up to Rs 20 billion besides dollar-denominated bonds of up to $500 million. The proceeds of the […]
The Rural Electrification Corporation (REC) has raised $400 million by issuing dollar bonds on the London Stock Exchange. The bond issue has been priced at 115 basis points over the three-year US Treasury rate and […]
Jorabat Shillong Expressway Limited, a joint venture (JV) between IL&FS Transportation Network Limited and Ramky Infrastructure, has refinanced senior and subordinated debt by issuing NCDs worth Rs 8.83 billion. The JV is undertaking the four-laning […]
The National Highways Authority of India (NHAI) plans to launch its first retail bond issue in February 2018. It aims to raise around Rs 50 billion by tapping the retirement savings of senior citizens. The […]
ReNew Power Ventures Private Limited has raised Rs 22.35 billion via non-convertible debentures (NCDs) for the repayment of its existing loans. The issuance has been undertaken in two parts – credit enhanced NCDs worth Rs […]
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