BIAL Plans Rs 46.3B Bond Raise

  Published 8 months ago

BIAL to raise Rs 46.3B via bonds by October for debt refinancing and airport expansion, sources told Reuters.

  • Second tranche of 15-year AAA-rated bonds, with 8.15% coupon, arranged by SBI Capital, sources confirmed.
  • Funds to refinance existing debt and support Rs 155B expansion through FY26–30, boosting capacity to 85 million.
  • The previous tranche saw strong demand from banks, insurers, and infrastructure funds; the new issue is to be privately placed.

You might like these

Minda’s FY30 Growth Roadmap

Kaynes Tech India Invests $1.03M in Parent Company Shares

Equitas Bank Targets NRIs, Seafarers

India HPI Growth Slows to 3.1% in Q4 2024-25

India's FY25 GDP Growth: A Mixed Picture

FMCG Stocks Surge on Strong Q1 Earnings

IRB Q1 FY26 Results Overview

News that matters the most ⚡