Hindustan CleanEnergy Re8.5 billion bond issue

31/3/2016
Investment grade bond/note issue, Private placement of bonds/notes

Re 8.5 billion

$ 131 million

Completed

31/3/2016


Overview:

  • Hindustan CleanEnergy has issued a Re8.5 billion infrastructure bond.
  • The bonds were issued on the National Stock Exchange (NSE).
  • YES Bank is the underwriter.
  • The deal is the first Indian solar firm to enter the credit enhanced bond market.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal types:

Investment grade bond/note issue
Private placement of bonds/notes

Practice area:

Capital markets : Debt

Governing law:

India

Industry sector:

Energy


Firm:

Party: Bank of America Merrill Lynch (Underwriter)

Party: Farallon Capital Management (Underwriter)