India's Piramal Capital raises $300 million via maiden dollar bonds, IFR says

Piramal Capital and Housing Finance successfully raised $300 million through debut sustainability bonds. The final coupon rate of 7.95% was lower than the initial guidance. Major global coordinators included Deutsche Bank, Barclays, and Standard Chartered. The bonds are expected to be rated Ba3 by Moody's and BB- by S&P.