Shapoorji Unit Markets High-Yield Debt to JPMorgan, BlackRock

India’s Shapoorji and Pallonji Group is in talks with global investors including BlackRock and JPMorgan Chase & Co. for a high-yield bond sale, according to people familiar with the matter,...

By Saikat Das, Dipika Lalwani · Bloomberg

India’s Shapoorji and Pallonji Group is in talks with global investors including BlackRock and JPMorgan Chase & Co. for a high-yield bond sale, according to people familiar with the matter, even after it was allowed to delay repayment on existing debt.