Kerala

/Tag: Kerala

Kerala joins the global Masala Bond drive

2019-07-12T14:05:24+00:00July 5th, 2019|2019, Global Edition – June 2019|

The Kerala Infrastructure Investment Fund Board (KIIFB) became the latest Indian entity to reach out to the international markets for its fundraising needs. The Kerala Infrastructure Investment Fund Board’s (KIIFB) celebrated its debut Masala Bond listing on the London Stock Exchange with a special market open ceremony recently. KIIFB is the first sub-sovereign entity in India to tap the offshore Rupee international bond market with the $312 million equivalent senior secured fixed-rate bond and is aimed at accessing capital from international investors for the southern state’s infrastructure development. “KIIFB strives [...]