Re-denominated overseas debt to help companies avoid currency risks; $6 … – Economic Times
MUMBAI: A number of infrastructure companies, including some major private players, are looking to sell masala bonds, as they seek to reduce the risks associated with external commercial borrowings by moving to this rupee-denominated overseas debt that also comes with easier conditions. As much as $6 billion (about Rs 40,000 crore) could be raised through…