Funding and debt● Neutral for Indian equities
DIAL raises 3,500 crore to refinance $522.6 m dollar bonds
The brief
- Delhi International Airport Ltd raised ₹3,500 crore through 15-year rupee-denominated non-convertible debentures
- The financing aims to refinance $522.6 million in dollar bonds
- Refinancing affects airport infrastructure debt funding, but no listed Indian company is named