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Capital Infra Trust calls raising Rs 2,363 cr via NCDs to refinance debt

Business Standard LogoBusiness Standard8h ago

Capital Infra Trust calls raising Rs 2,363 cr via NCDs to refinance debt - Business Standard

Quick Summary:

It has investments in infrastructure projects primarily in NHAI road projects through acquisition from sponsors and third parties

"The trust announced the successful allotment of 1,16,300 senior secured redeemable, non-convertible debt securities (NCDs), each with a face value of Rs 1,00,000, aggregating to Rs 1,163 crores on March 4, 2025," Capital Infra Trust said in a release.

Infrastructure investment trust Capital Infra Trust has announced raising Rs 2,363 crore through debt securities to strengthen its financial position.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 16:16:03 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26820202

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 280 posts per day

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News Last Updated: 3 hours ago

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