Torrent Power plans record debt sale to fund major coal acquisition deal

Published on 30 April 2026

First acquisition funded bond sale of the year

Torrent Power is preparing what could be its biggest corporate debt issuance yet, with its first acquisition funded bond sale of the current financial year. Merchant bankers told Reuters the company aims to raise capital specifically to bankroll a coal-related acquisition, signaling a more aggressive funding push via the bond market to support deal execution.

Torrent Power will launch an acquisition funded corporate bond sale
It would be the largest debt issuance in the company’s history
The funds are intended to support a coal acquisition deal
Deal timing marks the first such bond sale this financial year

#torrent power #coal #debt #india markets #corporate bonds

Read the full story at The Economic Times

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

Torrent Power plans record debt sale to fund major coal acquisition deal

The full experience is on mobile.