Lanco Group is likely to refinance Rs 25,000 crore of debt. The company is exploring options to raise up to Rs 7,500 crore via bonds issue, while it plans to raise remaining amount via ECB route. The capital raise will be used to retire high cost rupee debt.
Lanco Infratech is the leading integrated infrastructure conglomerate with global footprints having business verticals viz. EPC, Power, Solar, Natural Resources and Infrastructure. The company currently has an operational capacity of nearly 4,000 MW and another 4,000 MW is under construction.
