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NHIT considering ₹9,000 cr fundraise
Mint Mumbai
|August 15, 2025
National Highways Infra Trust (NHIT), the infrastructure investment vehicle of India's highways developer, is planning to raise up to ₹9,000 crore through private bond placements to refinance debt and cut borrowing costs, two people aware of the matter said.
The fundraise will kick off in the coming two to three months, these people added. The move comes as top-rated issuers increasingly tap the bond market to capitalise on falling yields.
Currently, the trust has about ₹21,700 crore of outstanding debt—mostly bank loans—with a blended cost of borrowing around 8% per annum. The loans are from State Bank of India, Punjab National Bank, Axis Bank and IDBI Bank, among others, per data from Care Ratings Ltd.
NHIT can prepay up to ₹9,000 crore of bank loans without attracting pre-payment penalties, one of the persons cited above said, requesting not to be identified as the fund-raising discussions are private.
Bu hikaye Mint Mumbai dergisinin August 15, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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