NHAI Masala bond launched in London

 

On May 12th London Stock Exchange welcomed the first global offshore Masala bond by the National Highways Authority of India (NHAI). The landmark bond issuance from NHAI, the Government of India’s agency responsible for the management of India’s highways network, reinforces the ability of London’s global Masala bond market to support Indian infrastructure financing. The bond marks the largest ever five-year issuance and is the largest inaugural transaction in the Masala bond market, demonstrating London’s increasingly global investor base.

> Read the full "Indian minister of road transport highways and shipping launches NHAI Masala Bond" press release here