The NHAI has launched its new NCDs issue to raise up to Rs 1500 crores. Suresh Goyal, MD & CEO of National Highways Infra Investment Managers said, “The NCD has three different tenures, with three different face values as well as maturity and redemption period with maximum redemption period being 25 years. Goyal said, “The institutional investors including both foreign …
The National Highways Authority of India has come out with its new Non-Convertible Debentures issue to raise up to Rs 1500 crores. The bonds, issued by the National Highways Infra Trust, would pay 7.90 per cent interest semi-annually, which is slightly higher than the interest rate offered by bank- The tenure of the investment has been fixed at 25 years, …
