Greenko Group secures a $743M credit line from India's NaBFID for refinancing offshore dollar bonds and reducing dollar debt.
Renewable energy firm Greenko Group secures a $743M (62 billion rupees) credit line from India's National Bank for Financing Infrastructure and Development (NaBFID) to refinance offshore dollar bonds. This move aligns with Greenko's plan to reduce expensive dollar debt in favor of local currency loans. The loan supports India's economic growth agenda, with NaBFID focusing on long-term infrastructure financing needs.
July 07, 2024
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