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SP Group unit plans $2.5 bn debt sale

Mint Bangalore

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October 30, 2025

Goswami Infratech, a unit of Shapoorji Pallonji Group, is set to outsize its previous corporate bond sale with a shorter-duration issue of about $2.5 billion in early 2026, three bankers aware of the matter said on Wednesday.

₹14,300 crore through the sale of zero-coupon bonds in June 2023, aims to raise as much as ₹22,000 crore ($2.5 billion) to refinance its current issue, as well to meet other debt-related expenses, the bankers said, requesting anonymity as they are not authorized to speak to the media

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