MUMBAI (Reuters) - GMR Infrastructure Ltd said on Friday it is raising $300 million from Kuwait Investment Authority by selling foreign currency convertible bonds due in 2075.
GMR will use the funds to repay some outstanding obligations, it said in a statement. (https://bsmedia.business-standard.combit.ly/1PE25O4)
(Reporting by Devidutta Tripathy; Editing by Subhranshu Sahu)