Business Standard

ReNew repays more than $1 billion to offshore bondholders in FY23

The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity

Photo: Bloomberg

Photo: Bloomberg

Shreya Jai
ReNew Energy Global, the Nasdaq-listed renewable energy company, announced on Tuesday that it had repaid more than $1 billion to its offshore bondholders in FY23. The amount repaid includes the most recent amortisation of $180 million this month.  

The company in a public statement said that over the past financial year, it had refinanced $525 million in the domestic markets ahead of the March 2024 maturity, in addition to repayment of $300 million from its internal cash flow accruals. 

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First Published: Mar 29 2023 | 12:00 AM IST

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