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NHAI offers issue of NCDs at a coupon rate of 7.90% p.a

NHAI offers issue of NCDs at a coupon rate of 7.90% p.a

Mumbai: National Highways Infra Trust (“NHIT”), a registered infrastructure investment trust under the InvIT Regulations, sponsored by NHAI (an autonomous authority of the Government of India) has filed a prospectus dated October 11, 2022 (“Prospectus”) for public issue of secured, rated, listed, redeemable, non-convertible debentures.  The face value of the issue is Rs. 1,000 each...

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NHAI InvIT planning to raise additional Rs 3,800 crores:  Nitin Gadkari

NHAI InvIT planning to raise additional Rs 3,800 crores:  Nitin Gadkari

Mumbai: National Highways Infra Trust (NHAI InvIT) is looking to raise additional Rs 3,800 crores, Road Transport and Highways Minister Nitin Gadkari said. Addressing an event via a video link, organised by National Highways Infra Trust, Gadkari said that of the additional fundraise, around Rs 1,500 crores are being garnered through an issue of non-convertible...