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IIFCL plans ₹17,000 crore bond sales in FY24 for project finance
Mint Mumbai
|June 22, 2023
State-owned infrastructure lender India Infrastructure Finance Company Ltd (IIFCL) plans to raise ₹17,000 crore in bonds this financial year as it readies a war chest to meet the growing demand for project finance, managing director PR Jaishankar said on Wednesday
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The company recently raised ₹500 crore through a 10-year bond at 7.46% and Jaishankar said the lender did not utilise the greenshoe option despite strong demand from investors.
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