by bondevalue | Mar 19, 2021 | High Yield Bonds, India
Cliffton/Delhi International Airport raised $450mn via a 4Y7M green bond at a yield of 6.25%, 25bp inside initial guidance of 6.5% area. The secured bonds have expected ratings of Ba3/BB, and received orders over $1.28bn, 2.8x issue size. Asia took 36% of the bonds,...
by bondevalue | Mar 16, 2021 | High Yield Bonds, India
Delhi International Airport Ltd (DIAL) extended the tender offer for its 6.125% 2022s from the previous deadline of March 15 to March 18, 2021. If the offer is successful, it will purchase the notes at $1,020 per $1000 in principal plus accrued interest. DIAL will not...
