Rs 1,110 crore raised by GMR Airports
GMR group company, GMR Airports has raised Rs 1,110 crore from JPMorgan Securities and Morgan Stanley India Primary Dealer Pvt Ltd. The firm had a Rs 1,330-crore payment due on September 24th, 2022 to DB International, Standard Chartered Bank, and Aditya Birla Special Situation Fund.
It raised two-year bonds at 12.13% through private placement of bonds on September 22th, 2022 to repay the trio.
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