In a chat with ET Now, Chintan Lakhani, India Ratings & Research, says expecting positive impact on REITs issue and following InvIT issues which are expected to come.
Edited excerpts:
Can you walk us through as to how InvITs are going to help deleverage the infrastructure companies balance sheets?
Our report covers infrastructure InvITs, the deleveraging that it is expected to bring to the sponsor groups across infrastructure space. In FY18, we have seen approximate deleveraging of about Rs 13,000 crore across the four InvITs.
One has already hit the market last week, the other is expected to hit the market next week and in the next couple of quarters of this financial year, the remaining two InvITs are expected to hi…
Read the full article at: http://economictimes.indiatimes.com/markets/expert-view/invits-to-help-sponsors-reduce-debt-by-65-70-chintan-lakhani-india-ratings/articleshow/58626421.cms