Thin margins tempt IRFC back to loans
Indian Railways Finance Corp has returned to the market with a $350m five year loan, just five months after cancelling its previous deal because of the steep price, in a clear sign that the price of debt is falling fast.
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