ReNew Power’s $325 million dollar bond offering sees strong demand

Mumbai: ReNew Power Pvt. Ltd has raised $325 million selling bonds to foreign investors, in the first dollar bond offering by Indian renewable energy company since the covid-19 disruption.

Mint reported on 16 October that ReNew was looking to raise debt through offshore bonds.

Despite the ongoing pandemic, the company managed to raise the bonds at the cheapest pricing till date for its paper.

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