Lemon Tree Signs New Hotel in Kharar, Punjab
Lemon Tree Hotels has announced the signing of Keys Lite by Lemon Tree Hotels, Kharar, Punjab, further strengthening its presence in North India. The 47-room property will be operated under a franchise agreement with Lemon Tree Hotels Limited.The upcoming hotel will feature a restaurant, banquet hall, meeting room, fitness centre, swimming pool, spa, and other public spaces, offering a complete hospitality experience. Strategically located around 26 km from Shaheed Bhagat Singh International Airport and 28 km from Chandigarh Railway Station, the hotel enjoys seamless road connectivity for easy..
L&T Lists India’s First ESG Bonds, Raises Rs 5 Billion
Larsen & Toubro (L&T) has set a benchmark for sustainable finance in India by listing the country’s first environmental, social and governance (ESG) bonds on the National Stock Exchange. The conglomerate secured Rs 5 billion through three-year non-convertible debentures (NCDs) priced at a 6.35 per cent annual coupon, issued under the Securities and Exchange Board of India’s newly introduced ESG and sustainability-linked bond framework dated 5 June 2025. Arranged solely by HSBC, the notes will mature on 19 June 2028 and require extensive pre- and post-issuance disclosures, including..
Adani Electricity Buys Back USD 49.5 Mn Of 2030 Notes
Adani Electricity Mumbai Ltd (AEML) has successfully completed an open market repurchase of USD 49.5 million of its 3.949 per cent Senior Secured Notes due in 2030. The repurchase was funded entirely through internal cash flows and forms part of AEML’s ongoing capital management strategy.The original bond issuance, valued at USD 1 billion, was launched in February 2020. Following this latest repurchase and cancellation, the outstanding principal on the notes now stands at USD 830.5 million.This move follows an earlier tender offer completed in November 2023, when AEML repurchased USD 120 mil..
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