Varde may invest in GMR Airports' bond issue

The operator of airports in Delhi, Hyderabad and Goa, which has approval from its board to raise ₹5,000 crore by March 2024, recently raised ₹1,950 crore. Standard Chartered Bank, JPMorgan, Deutsche Bank, Varde Partners and Trust Investment provided the three-year debt facility as reported by ET.

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