{"id":276532,"date":"2019-05-29T06:27:19","date_gmt":"2019-05-29T06:27:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276532"},"modified":"2019-05-29T06:27:19","modified_gmt":"2019-05-29T06:27:19","slug":"renew-power-to-raise-350-million-in-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-power-to-raise-350-million-in-bonds\/","title":{"rendered":"ReNew Power to raise $350 million in bonds"},"content":{"rendered":"<p>ReNew Power Ventures, a renewable independent power producer, plans to raise $350 million in dollar-denominated bonds to refinance its existing debt. The company is currently conducting roadshows in Europe, people close to the development told FE.<\/p>\n<p>The company has a total debt of Rs 23,845 crore as on March 31, 2018 at consolidated level with significant maturities in FY21 and FY22. The bonds will have a tenure of three years and will be issued by Mauritius-incorporated special purpose vehicle Zeus Energy Holdings, sources said.<\/p>\n<p>The new fund raising plan comes close on the heels of ReNew raising $375 million in green bonds in March to refinance external commercial borrowings and for capital expenditure in green projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReNew Power Ventures, a renewable independent power producer, plans to raise $350 million in dollar-denominated bonds to refinance its existing debt. The company is currently conducting roadshows in Europe, people close to the development told FE. The company has a total debt of Rs 23,845 crore as on March 31, 2018 at consolidated level with significant maturities in FY21 and FY22. The bonds will have a tenure of three years and will be issued by Mauritius-incorporated special purpose vehicle Zeus Energy Holdings, sources said. The new fund raising plan comes close on the heels of ReNew raising $375 million in [&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":[130,240,138],"tags":[],"class_list":["post-276532","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276532","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=276532"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276532\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}