Shapoorji Refinancing Kickoff Eases Investor Debt Concerns
India’s Shapoorji Pallonji Group has kicked off a planned 255-billion-rupee ($2.7 billion) refinancing with the sale of local-currency bonds, helping restore confidence among investors after months of uncertainty over the...
By Saikat Das, Dipika Lalwani · Bloomberg Markets
India’s Shapoorji Pallonji Group has kicked off a planned 255-billion-rupee ($2.7 billion) refinancing with the sale of local-currency bonds, helping restore confidence among investors after months of uncertainty over the group’s ability to refinance looming debt maturities.