{"id":269632,"date":"2019-04-18T06:15:02","date_gmt":"2019-04-18T06:15:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=269632"},"modified":"2019-04-18T06:15:02","modified_gmt":"2019-04-18T06:15:02","slug":"hero-arm-azure-power-to-raise-1-bn-from-bond-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hero-arm-azure-power-to-raise-1-bn-from-bond-sale\/","title":{"rendered":"Hero arm, Azure Power to raise $1 bn from bond sale"},"content":{"rendered":"<p>New Delhi | Bengaluru: Hero Group\u2019s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. The Delhi-based green power rivals are looking to mop up $500 million each and have appointed investment banks to underwrite the offerings. <\/p>\n<p>Hero Future Energies, led by Rahul Munjal, a nephew of Pawan Munjal, is reviving a plan that was shelved for two years. For Azure Power, it is the second such offering, after it raised $500 million two years ago. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi | Bengaluru: Hero Group\u2019s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. The Delhi-based green power rivals are looking to mop up $500 million each and have appointed investment banks to underwrite the offerings. Hero Future Energies, led by Rahul Munjal, a nephew of Pawan Munjal, is reviving a plan that was shelved for two years. For Azure Power, it is the second such offering, after it raised $500 million two [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-269632","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=269632"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/269632\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=269632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=269632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=269632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}