Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and a subsidiary of an Indian conglomerate, a person privy to the transaction told VCCircle. On Monday, Sterlite announced that it had received Rs 200 crore (about $27 million) in debt financing ......