NCDs

Hinduja Group firm IIHL to raise Rs 3,000 crore via NCDs

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Hinduja Group firm IIHL to raise Rs 3,000 crore via NCDs

Hinduja Group firm IIHL, the successful resolution applicant for takeover of debt-ridden Reliance Capital (RCAP), on Monday filed offer documents to raise Rs 3,000 crore through non-convertible debentures (NCDs), according to sources. The proceeds will be used to part fund the acquisition of RCAP, while the other leg of the transaction to complete the process … Read more

Adani Airport raises RS 150 cr via bond issue

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Adani Airport raises RS 150 cr via bond issue

Adani Airport Holdings (AAHL), the operator of the Mumbai International Airport, has raised ₹150 crore in debt for four years at 9.95% payable annually, said people aware of the development. The company raised the debt on Tuesday by issuing senior secured listed non-convertible debentures maturing in June 2028, the people said. The proceeds will be … Read more