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BlackRock set to buy dollar bond from Shapoorji Pallonji unit in major India bet

Business
Published on 7 May 2026
BlackRock set to buy dollar bond from Shapoorji Pallonji unit in major India bet

Two sources say BlackRock targets a new bond issue

BlackRock, the world’s largest money manager, is reportedly set to invest in a dollar bond being issued by a unit of India’s Shapoorji Pallonji Group this month. Two people familiar with the transaction said the investment is part of a specific bond deal, underscoring growing foreign interest in Indian dollar debt.

  • BlackRock is reportedly set to invest in a dollar bond issue
  • The bond will be issued by a Shapoorji Pallonji Group unit
  • The investment is expected to happen this month
  • The report cites sources directly familiar with the transaction
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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