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HomeNewsTechnologyKalpataru, Shangrila Infracon plan debt fundraise via private credit funds

Kalpataru, Shangrila Infracon plan debt fundraise via private credit funds

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Kalpataru, Shangrila Infracon plan debt fundraise via private credit funds

Two Indian real estate companies are set to raise an aggregate of around Rs 26 billion ($269 million) through sale of shorter duration bonds, two sources aware of the matter said on Wednesday. Kalpataru Properties plans to raise Rs 16.35 billion through four-year and nine-day bonds and Shangrila Infracon India aims to raise Rs 9.50 billion through three-year notes, the…

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