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Shapoorji Pallonji Starts 255-Billion-Rupee Refinancing With Local Bond Sale

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2026-07-10 08:44:51
India’s Shapoorji Pallonji Group began a planned 255-billion-rupee ($2.7 billion) refinancing by selling local-currency bonds, easing investor concerns about its debt, according to Bloomberg.

The move helped restore confidence after months of uncertainty over the group’s ability to refinance looming debt maturities.
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