The bonds were issued in 5.5-year, 10.5-year, and 8-year tenors, respectively raising $600 million, $1.25 billion and 600 million euros ($693.72 million), according to the late Thursday statement.
Final yields were set at 4.35% for the 5.5 year, 4.95% for 10.5 year U.S. dollar-denominated bond, and 3.75% for the 8-year euro-denominated sustainable bond, the ministry said.
Realty firm Signature Global is set to raise Rs 875 crore next week. The company will issue non-convertible debentures to investors. These debentures will have a coupon rate of 11 percent and a tenure of over three years. The allotment is planned for October 2025. Signature Global is a leading real estate developer in India.
The proceeds will be used to finance the 2025 state…
