The GMR Group controlled Delhi International Airport (Dial) has raised $350 million by selling 10-year dollar bonds to investors across the world in the first such issuance by an Indian company after election results were announced. The bonds were priced at 6.45 per cent, 30 bps tighter than the 6.75 per cent initial guidance. — The Economic Times

Khaitan & Co advised Delhi International Airport Limited led by a team of partner Manisha Shroff, partner Gautham Srinivas, principal associate Rolwine Alva, senior associate Sathvik Ponappa, senior associate Mazahir Bootwala, associate Nandini Paliwal and associate Enakshi Jha; partner Ritu Shaktawat and senior associate Sneh Shah advised on the taxation aspects.

2019-05-29

Deal value: USD 350 million

{incomplete}