{"id":291419,"date":"2019-09-13T05:10:19","date_gmt":"2019-09-13T05:10:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291419"},"modified":"2019-09-13T05:10:19","modified_gmt":"2019-09-13T05:10:19","slug":"adani-transmission-to-raise-up-to-1-billion-through-bond-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-transmission-to-raise-up-to-1-billion-through-bond-sale\/","title":{"rendered":"Adani Transmission to raise up to $1 billion through bond sale"},"content":{"rendered":"<p>Power transmission and distribution company Adani Transmission Ltd is looking to raise $750 million to $1 billion by selling overseas dollar-denominated bonds, said two people aware of the development, requesting anonymity.<\/p>\n<p>\u201cThe proposed bond issuance will be used to repay existing high-cost debt of the company, specifically the debt that Adani Transmission raised to acquire Reliance Power\u2019s Mumbai distribution business,&#8221; said the first person mentioned above.<\/p>\n<p>Last year, Adani Transmission had acquired Reliance Infrastructure\u2019s integrated business of retail electricity distribution, transmission and generation. The business included Reliance Infra\u2019s power generation units in Dahanu, power transmission network across Mumbai and Maharashtra, and the retail power distribution network in Mumbai suburbs. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power transmission and distribution company Adani Transmission Ltd is looking to raise $750 million to $1 billion by selling overseas dollar-denominated bonds, said two people aware of the development, requesting anonymity. \u201cThe proposed bond issuance will be used to repay existing high-cost debt of the company, specifically the debt that Adani Transmission raised to acquire Reliance Power\u2019s Mumbai distribution business,&#8221; said the first person mentioned above. Last year, Adani Transmission had acquired Reliance Infrastructure\u2019s integrated business of retail electricity distribution, transmission and generation. The business included Reliance Infra\u2019s power generation units in Dahanu, power transmission network across Mumbai and Maharashtra, [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-291419","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291419","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291419"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291419\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}