Funding and debt● Neutral for Indian equities

SP Group's Mercury Finance taps dollar debt to meet another unit's dues

1 source · first seen 16:57 29 Sept · updated 16:57 29 Sept

The brief

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SP Group plans to invest the dollar-debt proceeds in rupee bonds issued later by a local group entity
The planned issuance may affect funding conditions for Indian real estate borrowers

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1 report · earliest 16:57