JSW Group Firms Plan 300M Dollar Debt Sales

Two JSW Group firms plan to raise around 28.5 billion rupees through shorter-tenor bonds in the final quarter of the year. JSW Energy and JSW Steel intend to tap the market in October depending on favorable rates.

Insights:
The logo of JSW is seen on the company's headquarters in Mumbai, India, February 11, 2016. REUTERS/Danish Siddiqui

Two JSW Group companies plan to raise 28.5 billion rupees ($298M) through debt sales in India during the final quarter of the year. The planned issues target shorter-tenor bonds to capture favourable market conditions. The fundraising highlights corporate debt issuance trends in the region.

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