Greenko secures NABFID sanction for Rs 6200 crore.

Banking & Finance

Renewable energy company Greenko will prepay more than $1 billion of dollar bonds maturing next year through funds raised from the government backed National Bank for Financing Infrastructure and Development (NABFID) to lower overseas liabilities amid higher rates abroad. Greenko aims to reduce its overseas liabilities amidst rising global interest rates by using funds from NABFID.


      This move by Greenko underscores its strategy to optimize financial costs and strengthen its financial position.

     

     

 

     


About Greenko,

CEO : Anil Kumar Chalamalasetty
Headquartered : Hyderabad
          ____________________________