Debt financing
Vertis Infrastructure Trust raises Rs.900-Cr via SLB
SEBI-registered infrastructure investment trust (InvIT) Vertis Infrastructure Trust (formerly Highways Infrastructure Trust) has raised INR 900 crore through a sustainability-linked bond (SLB) with a 10-year fixed rate, which is priced at 7.40%. International Finance Corporation (IFC) has emerged as the anchor investor as part of the SLB.The fresh proceeds will be used to support the recently awarded TOT-16, a 252-km NH-44 highway corridor in Telangana aimed at enhancing regional connectivity.
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