India Green Energy redeems $325 million 5 3/8% notes due 2024 in full

By Devika Patel

Knoxville, Tenn., Jan. 3 – India Green Energy Holdings redeemed its $325 million 5 3/8% secured notes due 2024 (Cusip: V4819FAA3 and 45410FAA3) on Jan. 2, according to a notice.

The redemption will settle on Jan. 18.

The redemption was conditional upon the issuers obtaining funds through one or more financing options, including the issuance of new debentures, on acceptable terms and in an amount sufficient for the repurchase at the redemption price.

The company finances power projects. It is based in Gurgaon, India.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.