Funding and debt● Neutral for Indian equities
SP Group unit raises $460 million in rupee debt to repay loans
The brief
- Eqyizen Investment raised ₹44.5 billion ($460 million) through zero-coupon rupee bonds to repay loans
- Shapoorji Pallonji Group shelves plans to list real estate arm
- SP Group to raise $125 million via tap issue, Rs 3,250 crore in rupee bonds
Shapoorji Pallonji Group eyes dollar-rupee debt route for fresh funding
Tuesday, 6 October
- SP Group unit raises $460 million in rupee debt to repay loans