Fri 11/17/2023 02:48 AM
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UPDATE 1: 2:48 a.m. ET 11/17/2023: GMR Goa International Airport Ltd., a subsidiary of GMR Airports Infrastructure Ltd., has raised INR 24.75 billion ($297.39 million) through senior, unsecured, listed, rated, redeemable non-convertible debentures, or NCDs, carrying a coupon of 10% to be paid quarterly, two sources familiar with the situation said.

The NCDs have a tenor of 20 years, with a put option in March 2029. The NCDs will be redeemed in 58 quarterly installments starting from June...
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