Shapoorji Pallonji Group looks to raise up to $2.5 billion to refinance debt

January 28, 2026

The proposed fundraise will be used to refinance a dollar bond backed by shares of Tata Sons, held through group entity Goswami Infratech, due to mature in April. The new transaction is expected to mirror the structure of the earlier deal, with Tata Sons shares continuing as collateral.

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