{"id":406455,"date":"2021-03-23T10:34:07","date_gmt":"2021-03-23T05:04:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406455"},"modified":"2021-03-23T10:42:46","modified_gmt":"2021-03-23T05:12:46","slug":"greenko-raises-940-million-through-latest-bond-issue","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/greenko-raises-940-million-through-latest-bond-issue\/","title":{"rendered":"Greenko raises $940 million through latest bond issue"},"content":{"rendered":"<p>New Delhi: Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody&#8217;s Investors Service\u2019 Ba1 rated bond being over $2.5 billion.<\/p>\n<p>\u201cAt 3.85%, this is the lowest priced and largest bond in non-investment grade by any corporate from India,&#8221; said a person aware of the development requesting anonymity.<\/p>\n<p>While GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) currently hold 56% and 14%, respectively, in Greenko, Japan\u2019s financial services firm ORIX Corp. has a 17.5% stake. Greenko founders and president and joint managing director Mahesh Kolli and chief executive and managing director Anil Kumar Chalamalasetty own the remaining stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody&#8217;s Investors Service\u2019 Ba1 rated bond being over $2.5 billion. \u201cAt 3.85%, this is the lowest priced and largest bond in non-investment grade by any corporate from India,&#8221; said a person aware of the development requesting anonymity. While GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) currently hold 56% and 14%, respectively, in Greenko, Japan\u2019s financial services firm ORIX Corp. has a 17.5% stake. Greenko founders and president and joint managing director Mahesh Kolli [&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-406455","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\/406455","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=406455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}