#Reorgcoverage Reorg has reported a series of exclusive scoops on Continuum Green Energy in April. Subscribe to read our coverage on the company here :https://lnkd.in/dnt-Va5H --Our Apr. 8 newsbreak on Continuum Green has been confirmed today by the company as it announced that its promoter entity would be buying out partial stake from Morgan Stanley Infrastructure Partners, a long-term investor in the company. We had reported that the promoters are trying to raise ~USD 200M in debt to fund the stake purchase apart from the company's discussions with onshore lenders for the refinancing of its RG bond. --Our team has backed up the initial newsbreak today, Apr. 17, with another exclusive scoop on the terms of financing being raised for the proposed stake purchase. --On Apr. 16, Reorg also reported that the company is testing waters for a 7 year USD bond to refinance its Levanter bonds even as it continues to engage with onshore lenders for refinancing. #continuum #renewables #asiacorecredit #debt #reorg
Reorg exclusively reported on Apr. 8 that Continuum Green Energy promoters are trying to raise a debt of around $200 million to partly purchase Morgan Stanley Infrastructure Partner’s stake in the company and has mandated Deutsche Bank for the debt raise. Our report also details the ongoing discussions with the lenders for a potential refinancing of its Levanter $476 million bonds and the company’s IPO plans. https://ow.ly/p9fm50RgoHG #performingcredit