The funds raised will be used to retire high-cost rupee term loans on DIAL’s books and to repay an existing foreign currency loan worth app...

The successful bond raising by Reliance Industries Ltd and Delhi International Airport Ltd (DIAL), with most competitive pricing at the beg...

GMR Infra-controlled Delhi International Airport (DIAL) on Tuesday raised $289 million through a considerably oversubscribed bond issue, al...

India’s rating of BBB- is the lowest in investment grade, below which is the ‘junk’ category where investors are normally wary of investing.

Credit ratings for bonds below BBB grade which incidentally is also India’s sovereign rating are termed as “junk” or “high-yield” bonds.

Barclays, StanChart, BNP, Citi Bank, Deutsche Bank, RBS are among investment banks advising Indian companies in offshore bond issuances.

Exim Bank on Monday has raised USD 500 million selling bonds to offshore investors.

For the city-based lender, this is first issue since last March when it had raised $500 million.

“We have a prudent business selection criteria and we are risk-conscious. We do not take undue risk to merely win business and gain market-...