Monday, February 3, 2020

Adani Transmission raises $310 million

According to sources close to the transaction, global investors such as Barings, Cigna, HSBC Global Asset Management and MetLife have bought the 30-year amortising debt. Covenants include the requirement of a debt service coverage ratio, cash trap, and comprehensive compliance certificates every six months.

from Energy-Industry-Economic Times https://ift.tt/2RTh10Y

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