Archive · 30 May 2025
Shapoorji Pallonji Group Secures $3.4 Billion in Private Credit Deal
The Shapoorji Pallonji Group, an Indian construction and real estate company, has secured a $3.4 billion loan.
This is the largest private credit deal in India to date.
The money comes from about a dozen investors, including firms like Ares Management and Cerberus Capital.
The debt is in the form of zero-coupon rupee bonds and will mature in three years.
Deutsche Bank arranged the deal and also invested.
This financing is significant for India's growing private credit market, which is getting a boost from government infrastructure projects.
Shapoorji Pallonji Group secured a $3.4 billion financing deal.
The deal is the largest private credit deal in India.
About a dozen investors participated, including Ares Management and Cerberus Capital.
The debt is in the form of zero-coupon rupee bonds maturing in three years.
Deutsche Bank acted as the sole arranger and also invested.
- Who
- Shapoorji Pallonji Group and investors like Ares Management, Cerberus Capital, and Deutsche Bank.
- What
- Shapoorji Pallonji Group secured a $3.4 billion financing deal.
- When
- The deal was recently completed and published on May 30, 2025.
- Where
- Mumbai, India
- Why
- To fund the Shapoorji Pallonji Group.
- Company
- Shapoorji Pallonji Group
- Deal Size
- $3.4 billion
- Type of Deal
- Private Credit
- Debt Instrument
- Zero-coupon rupee bonds
- Maturity
- Three years
- Yield
- 19.75%
- Key Investors
- Ares, Cerberus, Deutsche Bank