Lodha Developers International Ltd, a subsidiary of Mumbai-based real estate firm Macrotech Developers Ltd said it has raised $200 million ( ₹1475 crore) through issue of bonds to refinance its existing debt. The company said the proceeds of the issue would be used to fully repay its outstanding $324 million senior notes due on March 13, 2020.
Lodha Developers raises $200 million via bond issue to refinance existing debt
Date posted: Thursday 12 March 2020