Barclays to issue Rs 430 billion Hinduja bonds to fund acquisition of Reliance Capital
Hinduja Group is stepping up its efforts to acquire bankrupt Reliance Capital, with Barclays Capital to lead the second tranche of high-yield rupee bonds, three people familiar with the matter said. ₹4,300 crore (about $515 million) to finance the acquisition, which has been approved by the National Company Law Tribunal (NCLT) but has faced delays…