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JSW Energy and JSW Steel plan ₹2,850 crore bond sales

Two JSW Group firms plan to raise around ₹2,850 crore ($298 million) in shorter-tenor bonds in the October-December quarter, with JSW Energy targeting ~₹1,500 crore (up to five-year) and JSW Steel targeting ~₹1,350 crore.

JSWENERGYJSWSTEEL

Two JSW Group firms plan to raise about ₹2,850 crore ($298 million) through shorter-tenor bonds in the October-December quarter, two bankers said on Monday. JSW Energy is looking to raise around ₹1,500 crore through bonds of up to five years, while JSW Steel could raise around ₹1,350 crore.