By 5paisa 19 Feb 2025
Axis Bank played a key role in KKR’s ₹8,250 crore debt financing, supporting the acquisition of TOT Bundle 16 from NHAI and 12 road assets from PNC Infratech.
HDFC Bank joined the consortium to fund one of India’s largest InvIT debt arrangements, helping HIT expand its ₹17,000 crore asset portfolio across nine states.
ICICI Bank contributed to the ₹8,250 crore rupee term loan, ensuring HIT secures 3,800 lane km of hybrid annuity model (HAM) and toll road projects.
State Bank of India (SBI) participated in long-term financing with a tenure of up to 17 years, enabling HIT’s ₹6,661 crore acquisition of TOT Bundle 16.
Punjab National Bank (PNB) and IIFCL supported HIT’s strategic growth, reinforcing confidence in the KKR-backed InvIT’s expansion and infrastructure investments.
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