Greenko Energy redeemed its $435mn 6.25% bond due 21 February 2023 after securing a bridge loan from several banks including JPMorgan, Barclays and DBS Bank. The bridge loan was of a similar amount as per Economic Times.

Greenko has another dollar bond maturing this year – its 4.875% bond due August 2023 that is trading at 98.3, yielding 8.7%.

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