HPCL, BPCL, and NEEPCO to raise ₹77.5 billion as bond yields ease
Three state-run Indian companies — HPCL, BPCL, and NEEPCO — are set to collectively raise ₹77.5 billion (~$880 million) through corporate bond issuances. The maturities will range between five and eight years. Bankers cited improved investor appetite and lower borrowing costs after yields dropped on expectations of rate cuts. Analysts believe the move signals growing confidence in India’s corporate debt market and could spur more issuances in energy and infrastructure sectors if monetary policy remains accommodative.
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2 days ago
HPCL, BPCL, and NEEPCO to raise ₹77.5 billion as bond yields ease
Three state-run Indian companies — HPCL, BPCL, and NEEPCO — are set to collectively raise ₹77.5 billion (~$880 million) through corporate bond issuances. The maturities will range between five and eight years. Bankers cited improved investor appetite and lower borrowing costs after yields dropped on expectations of rate cuts. Analysts believe the move signals growing confidence in India’s corporate debt market and could spur more issuances in energy and infrastructure sectors if monetary policy remains accommodative.
positive
HPCL, BPCL, and NEEPCO to raise ₹77.5 billion as bond yields ease
3 days ago
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HPCL, BPCL, and NEEPCO plan ₹77.5B bond sale as yields drop, signaling stronger corporate debt appetite.
Three state-run Indian companies — HPCL, BPCL, and NEEPCO — are set to collectively raise ₹77.5 billion (~$880 million) through corporate bond issuances. The maturities will range between five and eight years. Bankers cited improved investor appetite and lower borrowing costs after yields dropped on expectations of rate cuts. Analysts believe the move signals growing confidence in India’s corporate debt market and could spur more issuances in energy and infrastructure sectors if monetary policy remains accommodative.
Three state-run Indian companies — HPCL, BPCL, and NEEPCO — are set to collectively raise ₹77.5 billion (~$880 million) through corporate bond issuances. The maturities will range between five and eight years. Bankers cited improved investor appetite and lower borrowing costs after yields dropped on expectations of rate cuts. Analysts believe the move signals growing confidence in India’s corporate debt market and could spur more issuances in energy and infrastructure sectors if monetary policy remains accommodative.