hyderabadupdates.com Real Estate Signature Global raises ₹8.75 billion via NCDs to fund housing projects

Signature Global raises ₹8.75 billion via NCDs to fund housing projects

Signature Global has successfully raised ₹8.75 billion through a private placement of ‘A+’ rated non-convertible debentures to the International Finance Corporation. The funds will be used for developing mid-income and ESG-aligned housing projects, as well as reducing existing debt. This marks the company’s first listed debt transaction.

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