India: IL&FS looks to refinance $2.3b debt through fundraising

India: IL&FS looks to refinance $2.3b debt through fundraising

IL&FS Financial Services MD and CEO Ramesh C. Bawa. Photo: Hemant Mishra/Mint

IL&FS looking to refinance debt worth Rs15,000 crore through fundraising. With an eye on global liquidity and the increasing global investor interest in the Indian economy, infrastructure conglomerate Infrastructure Leasing and Financial Services Ltd (IL&FS) plans to embark on a major refinancing drive this financial year, said a senior executive of the firm.

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