NasdaqGS:RNWRenewable Energy
A Look At ReNew Energy Global (NasdaqGS:RNW) Valuation After Its US$600 Million Green Bond Refinancing
ReNew Energy Global (NasdaqGS:RNW) has drawn investor attention after raising US$600 million through 6.5% senior secured green bonds. The proceeds are earmarked to redeem higher coupon 2026 debt and extend its maturity profile.
See our latest analysis for ReNew Energy Global.
The refinancing news lands after a mixed run for the stock, with a 7 day share price return of 5.06% and a 30 day gain of 2.00% at US$5.61. However, a 90 day share price return of 26.38% decline and a 1 year total...