{"id":398014,"date":"2021-01-30T10:28:07","date_gmt":"2021-01-30T04:58:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398014"},"modified":"2021-01-30T10:28:07","modified_gmt":"2021-01-30T04:58:07","slug":"indigo-opts-to-raise-funds-via-slb-route","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-opts-to-raise-funds-via-slb-route\/","title":{"rendered":"IndiGo opts to raise funds via SLB route"},"content":{"rendered":"<p>India\u2019s largest domestic airline IndiGo has scotched plans to raise funds through a qualified institutional placement (QIP), opting instead to raise money through sale and lease back (SLB) transactions and other alternative options.<\/p>\n<p>\u201cThere are several financing options. The ongoing deliveries of neo aircraft (A320neo and A321neo) in FY22 will bring further liquidity,&#8221; IndiGo\u2019s chief financial officer Aditya Pande told analysts during the airline\u2019s post-result call on Thursday.<\/p>\n<p>The airline will not raise funds through the QIP route, Pande said without elaborating on the decision.<\/p>\n<p>The board of directors of IndiGo had in August approved raising up to \u20b94,000 crore through a QIP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest domestic airline IndiGo has scotched plans to raise funds through a qualified institutional placement (QIP), opting instead to raise money through sale and lease back (SLB) transactions and other alternative options. \u201cThere are several financing options. The ongoing deliveries of neo aircraft (A320neo and A321neo) in FY22 will bring further liquidity,&#8221; IndiGo\u2019s chief financial officer Aditya Pande told analysts during the airline\u2019s post-result call on Thursday. The airline will not raise funds through the QIP route, Pande said without elaborating on the decision. The board of directors of IndiGo had in August approved raising up to \u20b94,000 crore [&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":[188,139,130],"tags":[],"class_list":["post-398014","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398014","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=398014"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398014\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}