Debt financing

JSW Group firms to raise $298-M via short-tenor bonds

Business Line  

JSW Group companies - JSW Energy and JSW Steel - are planning to raise approximately INR 2,850 Cr (USD 298-M) through the sale of shorter-tenor bonds in the October-December quarter.JSW Energy intends to raise about INR 1,500 Cr through bonds with a tenor of five years, while JSW Steel is targeting approximately INR 1,350 Cr through debt with three-year or four-year tenors.

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