Rajhkumar K Shaaw
India Correspondent at Debtwire
India Stocks Reporter, Bloomberg News. Retweets aren't endorsements, all opinions mine.
Articles
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1 month ago |
ionanalytics.com | Rouhan Sharma |Rajhkumar K Shaaw
News (Intelligence) Indian renewables developer Avaada Group has refinanced INR 12.5bn (USD 145m) of secured local currency bonds with an amortising term loan from Axis Bank, according to three sources familiar. The debt has a 15-year tenor and is priced at 8.5%, the sources said. The term loan would be secured against the assets of the relevant project companies, two of the sources said. Axis Bank may look to sell down the loan, one of the sources said.
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Aug 5, 2024 |
ionanalytics.com | Rouhan Sharma |Rajhkumar K Shaaw |Keane Hoo
Barclays is aiming to launch the sale of KKR-backed Indian environment solutions company Re Sustainability by the end of September, according to two sources familiar. Founder Alla Ayodhya Rami Reddy will retain a 20% stake in the non-municipal arm after Hyderabad-based Re Sustainability is split into two, the sources said, with KKR selling the municipal arm back to Reddy. The non-municipal arm includes recycling, industrial and biomedical waste management, and environmental services.
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