Azure Power Solar Energy to raise bonds at 5.65 pct

The latest news alleges Azure Power Solar Energy’s pricing dollar bonds. The final price target allegedly stood at 5.70% (+/-5 basis points) in order to close the deal. This news has made Azure Power Solar Energy the third Indian firm to work for the dollar bond market this month. Power Finance Corporation and ReNew Power were the previous two companies. “Although it is a bit early to say, we believe the issue is likely to get priced on....