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• GMR will use the proceeds from the bonds to refinance its existing debt and support its ongoing capex plans.
• The bonds have a 10% coupon and will mature in 19 years and 10 months, with a call option for GMR and a put option for bondholders.
• JP Morgan, Tata Cleantech Capital, Aditya Birla Finance, ICICI Bank, and IIFCL have provided a debt facility of ₹2,475 crore to GMR Goa International Airport Ltd.