IIFCL raises Rs 6,000 crore via debt to fund infrastructure projects
India Infrastructure Finance Company Ltd (IIFCL) on Thursday said it has raised Rs 6,000 crore in debt to provide impetus to government’s infrastructure vision.
With a view to promote long term infrastructure finance in India, IIFCL after a span of eight years has raised funds from the domestic market through privately placed Non-Convertible Debt Securities for an amount of Rs 5,000 crore with a greenshoe option of Rs 1,000 crore, the company said in a statement.
