ReNew repays USD 1 bn to offshore bondholders

Mumbai: Renewable energy independent power producer ReNew Energy Global Plc on Tuesday said it has repaid more than $1 billion to its offshore bondholders in FY23. The amount repaid includes the most recent amortization of $180 million this month.

Over the past fiscal year, the Nasdaq-listed firm refinanced $525 million in the domestic markets ahead of the March 2024 maturity, in addition to repayment of $300 million from its internal cash flow accruals, it said.

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