GMR Hyderabad International Airport $300 million 5.375% bond issue

11/4/2019

High-yield bond/note issue

Dollar value:

$ 300 million

Status:

Completed

Date:

11/4/2019

Overview:

GMR Hyderabad International Airport has issued 5.375% in high yield senior secured $300 million bonds with a five year tenor.
The is the first foreign high yield bond under the revamped currency external commercial borrowings framework.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Transport

Firm:

Khaitan & Co

Party: GMR Hyderabad International Airport (Issuer)

Lawyers: Gautham Srinivas, Manisha Shroff

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