独家
峰会Digitel mn通过少女离岸债券提出了500美元
所得将用于资本支出和偿还现有的高成本的债务。
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BSNL名字六个官员被迫退休
强制退休的军官派是印度电信服务(其)干部分批从1988年到1992年。
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孟买:Brookfield-backed峰会Digitel基础设施支持电信塔使用的依赖Jio通过海外债券筹集了5亿美元,周三开放订阅。
所得将用于资本支出和偿还现有的高成本的债务。最初的价格指导在10年期215个基点美国财政部产量。后来价格大幅收紧在更高的投资者的需求。
这应该是借款人的首次发行国际债券市场。
这些债券价格与10年期终于添加187.5个基点之后在美国财政部的基准。它可能获得约15亿美元的订阅的时候写这报告。
美国银行、巴克莱银行花旗集团(Citigroup)和汇丰(HSBC)等都在帮助公司筹集资金。峰会Digitel未能联系到立即评论。
全球评级公司标准普尔和惠誉评级的论文BBB -,最低的投资类别,同步与印度的主权评级等级。
峰会提供了必要的基础设施,目前几乎全部收入和息税前利润来自信实Jio闭锁总收入300亿美元在2021年3月底。
“峰会的EBITDA代能见度高收入和成本在很大程度上是依赖固定30年来Jio和瑞来斯支持的实体,”惠誉在一份报告中说几天前。
“峰会的业务概况也受益于高进入壁垒、低竞争最小塔重叠,塔和不断增长的需求,在一定程度上抵消了其浓度对印度,”它说。
峰会通过本地债券销售筹集了11836卢比,等3月报告。这是记录通过私募发行债券筹资的一次机会。
整体目标是减少借贷成本利用低利率,交易商说。
去年10月,布鲁克菲尔德和一群投资者包括新加坡政府投资公司完成收购了依赖Jio鼓吹和更名为公司峰会Digitel基础设施。
2019年12月,信实工业投资和控股有限公司的全资子公司信实,进入一个具有约束力的协议与Brookfield Asset Management的投资25215卢比在单位提出发行的塔基础设施信托。
据报道,峰会Digitel的净债务下降3600卢比到33300卢比在FY21,但净债务在10.9倍EBITDA仍然很高。它贡献了45%的租金和电力和燃料成本RJio在财政年度。
所得将用于资本支出和偿还现有的高成本的债务。最初的价格指导在10年期215个基点美国财政部产量。后来价格大幅收紧在更高的投资者的需求。
这应该是借款人的首次发行国际债券市场。
美国银行、巴克莱银行花旗集团(Citigroup)和汇丰(HSBC)等都在帮助公司筹集资金。峰会Digitel未能联系到立即评论。
全球评级公司标准普尔和惠誉评级的论文BBB -,最低的投资类别,同步与印度的主权评级等级。
峰会提供了必要的基础设施,目前几乎全部收入和息税前利润来自信实Jio闭锁总收入300亿美元在2021年3月底。
“峰会的EBITDA代能见度高收入和成本在很大程度上是依赖固定30年来Jio和瑞来斯支持的实体,”惠誉在一份报告中说几天前。
“峰会的业务概况也受益于高进入壁垒、低竞争最小塔重叠,塔和不断增长的需求,在一定程度上抵消了其浓度对印度,”它说。
峰会通过本地债券销售筹集了11836卢比,等3月报告。这是记录通过私募发行债券筹资的一次机会。
去年10月,布鲁克菲尔德和一群投资者包括新加坡政府投资公司完成收购了依赖Jio鼓吹和更名为公司峰会Digitel基础设施。
2019年12月,信实工业投资和控股有限公司的全资子公司信实,进入一个具有约束力的协议与Brookfield Asset Management的投资25215卢比在单位提出发行的塔基础设施信托。
据报道,峰会Digitel的净债务下降3600卢比到33300卢比在FY21,但净债务在10.9倍EBITDA仍然很高。它贡献了45%的租金和电力和燃料成本RJio在财政年度。
MUMBAI: Brookfield-backed Summit Digitel Infrastructure<\/a>, which supports telecom towers used by Reliance Jio<\/a>, raised $500 million via overseas bonds that opened for subscription Wednesday.
The proceeds will be used for capital expenditure and repayment of existing high-cost debt. The initial price guidance was 215 basis points over the 10-year US Treasury<\/a> yield. The price was later tightened significantly amid higher investor demand.
This is supposed to be the borrower\u2019s first issuance in the international bond market.
The proceeds will be used for capital expenditure and repayment of existing high-cost debt. The initial price guidance was 215 basis points over the 10-year US Treasury<\/a> yield. The price was later tightened significantly amid higher investor demand.
This is supposed to be the borrower\u2019s first issuance in the international bond market.
<\/div><\/div>Those bonds with 10-year maturity were finally priced after adding 187.5 basis points spread over the US Treasury benchmark. It likely obtained a subscription of about $1.5 billion at the time of writing this report.
Bank of America, Barclays Citigroup, and HSBC are among others that helped the company raise the funds. Summit Digitel<\/a> could not be contacted immediately for comments.
Global rating companies S&P and Fitch rated the papers BBB-, the lowest in the investment-grade category, in sync with India\u2019s sovereign rating grade.
Summit provides the essential infrastructure and currently derives almost its entire revenue and EBITDA from Reliance Jio, with total locked-in revenue of $30 billion at the end of March 2021.
\u201cSummit's EBITDA generation visibility is high given revenue and costs are largely fixed for 30 years with Reliance Jio and RIL backed entities,\u201d Fitch said in a note a few days ago.
\u201cSummit's business profile also benefits from high entry barriers, low competition on minimal tower overlap, and growing tower demand, which are partly offset by its concentration on India,\u201d it said.
Summit raised about Rs 11,836 crore via local bond sales, ET reported in March. That was record fund-raising by bonds issued in one shot via private placement.
Bank of America, Barclays Citigroup, and HSBC are among others that helped the company raise the funds. Summit Digitel<\/a> could not be contacted immediately for comments.
Global rating companies S&P and Fitch rated the papers BBB-, the lowest in the investment-grade category, in sync with India\u2019s sovereign rating grade.
Summit provides the essential infrastructure and currently derives almost its entire revenue and EBITDA from Reliance Jio, with total locked-in revenue of $30 billion at the end of March 2021.
\u201cSummit's EBITDA generation visibility is high given revenue and costs are largely fixed for 30 years with Reliance Jio and RIL backed entities,\u201d Fitch said in a note a few days ago.
\u201cSummit's business profile also benefits from high entry barriers, low competition on minimal tower overlap, and growing tower demand, which are partly offset by its concentration on India,\u201d it said.
Summit raised about Rs 11,836 crore via local bond sales, ET reported in March. That was record fund-raising by bonds issued in one shot via private placement.
<\/div><\/div>The objective was to reduce overall borrowing costs taking advantage of record-low interest rates, dealers said.
Last October, Brookfield and a group of investors including Singapore\u2019s GIC completed a deal to buy out Reliance Jio Infratel and renamed the company Summit Digitel Infrastructure.
In December 2019, Reliance Industrial<\/a> Investments and Holdings Ltd., a wholly-owned subsidiary of Reliance, had entered into a binding agreement with Brookfield Asset Management for an investment of Rs 25,215 crore in units proposed to be issued by the Tower Infrastructure Trust<\/a>.
Summit Digitel's net debt reportedly dipped by Rs 3600 crore to Rs 33,300 crore in FY21, but net debt to EBITDA is still high at 10.9x. It contributed 45% of the rental and power and fuel cost of RJio during the financial year.
<\/div><\/div>
Last October, Brookfield and a group of investors including Singapore\u2019s GIC completed a deal to buy out Reliance Jio Infratel and renamed the company Summit Digitel Infrastructure.
In December 2019, Reliance Industrial<\/a> Investments and Holdings Ltd., a wholly-owned subsidiary of Reliance, had entered into a binding agreement with Brookfield Asset Management for an investment of Rs 25,215 crore in units proposed to be issued by the Tower Infrastructure Trust<\/a>.
Summit Digitel's net debt reportedly dipped by Rs 3600 crore to Rs 33,300 crore in FY21, but net debt to EBITDA is still high at 10.9x. It contributed 45% of the rental and power and fuel cost of RJio during the financial year.
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