🚨 BREAKING NEWS | BIHAR’S FIRST MUNICIPAL BOND — ₹200 CRORE RAISED!
Patna Municipal Corporation creates history! Its maiden municipal bond issue has successfully raised nearly ₹200 crore, attracting strong investor interest at a 9.20% coupon for 10 years.
The funds will support urban redevelopment, commercial infrastructure, parking and public amenities.
Why it matters:
Patna’s success demonstrates how cities can mobilise capital-market financing for infrastructure development. It also provides a valuable model for financing projects under the Urban Challenge Fund (UCF).
ADISRI STRATEGIC ADVISORS offers end-to-end support in municipal bonds, PPP structuring, project bankability, innovative financing and investor mobilisation.
📞 Contact Rajeev Chadha | PPPII Guru
Director – Adisri Strategic Advisors
+91 87002 20087
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