मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
SP Group to raise ₹22,000 crore to refinance debt
The New Indian Express Kollam
|March 22, 2025
THE Shapoorji Pallonji (SP) Group, sitting on a debt pile of close to ₹60,000 crore, is on course to raise ₹29,000 crore to refinance its costly forex debt maturing by late May.
As much as 75% or around ₹22,000 crore of this will be raised in the rupee, making it the largest private credit mop-up in the country and over a dozen investors are readying their term-sheets.
Late last year, the SP Group was on the verge of signing an agreement with the state-run Power Finance Corporation to raise ₹20,000 crore. But the deal fell apart at the last leg of the negotiations which sources attributed to the lender's apprehension about the high leverage of the group.
यह कहानी The New Indian Express Kollam के March 22, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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