{"id":519808,"date":"2022-09-06T09:31:34","date_gmt":"2022-09-06T04:01:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519808"},"modified":"2022-09-06T10:23:30","modified_gmt":"2022-09-06T04:53:30","slug":"rpower-subsidiary-to-raise-debt-of-up-to-rs-1200-cr-from-varde-partners","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rpower-subsidiary-to-raise-debt-of-up-to-rs-1200-cr-from-varde-partners\/","title":{"rendered":"RPower, subsidiary to raise debt of up to Rs 1,200 cr from Varde Partners"},"content":{"rendered":"<p>Reliance Power and its subsidiary have inked a pact with Varde Partners for availing debt of up to Rs 1,200 crore.<\/p>\n<p>In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (USD 150 million) &#8220;for settlement and discharge and\/or acquisition and restructuring of certain financial debt availed by Reliance Power.&#8221;<\/p>\n<p>Varde Partners is a leading global alternative investment firm specializing in credit and credit-related assets.<\/p>\n<p>The drawdown of the debt will be subject to finalization and execution of binding documents and all requisite approvals including regulatory approvals as per applicable rules\/ laws\/ regulations, the filing added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Power and its subsidiary have inked a pact with Varde Partners for availing debt of up to Rs 1,200 crore. In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (USD 150 million) &#8220;for settlement and discharge and\/or acquisition and restructuring of certain financial debt availed by Reliance Power.&#8221; Varde Partners is a leading global alternative investment firm specializing in credit and credit-related assets. The drawdown of the debt will be subject to finalization and execution [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-519808","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519808","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=519808"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519808\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}