ReNew Power raises $400 million from global debt investors

Business Standard | Jan 7, 2022 at 1:00 AM
  • ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion.
  • The issue was subscribed 40 per cent each by American and Asian investors and the balance by EMEA (Europe, the Middle East and Africa)-based investors and most of the subscribers are long-only fund managers and pension funds.
  • On January 6, Reliance had raised USD 4 billion in foreign currency bonds issue.