Avaada Ventures, holding company of Avaada Group, plans to raise ₹3,515 crore via rupee-denominated NCDs — ₹3,240 crore Series A and ₹275 crore Series B — at 11.75% fixed coupon with three-year tenor, opening September 17, plus $398 million ECB via Barclays, DBS and others. Proceeds will refinance debt, paying $685 million to Brookfield, $80 million to retire AVPL commercial paper and transaction costs.
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