Power Grid goes long for dollar debut
Power Grid Corporation of India followed Export Import Bank of India into the long-end of the curve on Thursday, making its dollar debut with a $500m Reg S deal. A flat curve from five to 10 years makes longer tenors highly attractive for many issuers, and bankers are hoping to bring deals as long as 30 years in the weeks to come.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts