Goldman-backed ReNew Power debuts dollar bond

The proceeds will be used to buy the Indian clean energy company's proposed masala bonds.

ReNew Power, an Indian clean energy company majority owned by Goldman Sachs, raised $475 million from its maiden US dollar-denominated bond on Tuesday in a complex deal designed to circumvent central bank restrictions on speculative-grade offshore issuance.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media