Debt financing
TVS InvIT closes first tranche of Rs.1,100-Cr NCD programme
Business Line TVS Infrastructure Trust
Mumbai-based TVS Infrastructure Trust , sponsored by TVS Industrial & Logistics Parks, has raised INR 830 crore in the first tranche of its INR 1,100 crore Non-Convertible Debenture (NCD) programme. This 20-year bond issuance was anchored by the National Bank for Financing Infrastructure and Development (NaBFID).Founded in 2025, TVS Infrastructure Trust operates a portfolio of industrial and logistics assets leased to clients across manufacturing and consumption-led sectors.The capital raised will be used to reduce the Trust's cost of debt and support its next phase of growth. The company plans to expand its portfolio to 20 million square feet and deepen its presence in emerging Tier 2 and Tier 3 markets by adding assets leased to customers across the manufacturing, e-commerce, FMCG, and FMCD sectors.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
