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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 13 days · First seen · Last updated
Continuum Group GIFT City bond issuance
Overview
Continuum Group completed a US$450 million international dual-series bond issuance through its treasury centre, CGE Treasury IFSC Private Limited, located in GIFT City, India. The issuance included US$390 million in senior bonds due 2031 and US$60 million in senior fixed-to-floating bonds due 2034. The bonds are guaranteed by Continuum Green Energy Limited and listed on NSE IFSC Limited and GIFT City IFSC.
Alongside the issuance, Continuum Energy Aura Pte. Ltd. conducted a concurrent any-and-all cash tender offer for its outstanding US$435 million senior secured notes due 2027, which included a conditional redemption of those notes. This transaction marks the first international bond issuance by CGE Treasury IFSC Private Limited and serves as an early example of an international issuance by a Global/Regional Corporate Treasury Centre-registered entity under the GIFT City IFSC framework.
Entities
Continuum Green Energy Limited · Continuum Group · GIFT City · CGE Treasury IFSC Private Limited · Linklaters
Timeline
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8 days ago
[BUSINESS] 2 sourcesContinuum Group issues US$450 million in GIFT City bondsContinuum Group issued US$450 million in dual-series bonds through its GIFT City treasury centre, marking a significant milestone for the GIFT City IFSC framework.
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21 days ago
[BUSINESS] 2 sourcesContinuum Group completes $450 million international bond issuance via GIFT CityContinuum Group raised $450 million via a senior unsecured Reg S/144A bond issuance through its GIFT City treasury centre, advised by Shardul Amarchand Mangaldas, with bonds rated Ba3/BB‑ and listed on NSE IX.
Sources
legaldesire.com · legaleraonline.com