DIAL sells dollar bond, abandons masala

Delhi International Airport Ltd (DIAL) returned to the dollar bond market on Friday. But the company's attempt to sell a masala bond was abandoned shortly after take-off.

Delhi International Airport Ltd (DIAL) had a measure of success and failure when it returned to the bond market this week, raising $522.6 million from a market-opening 144A bond — but failing to pull off a debut masala issue.

¬ Haymarket Media Limited. All rights reserved.

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