Signature Global raises Rs 875 crore from IFC to retire debt, buy land
Gurgaon-based Realty developer Signature Global has raised Rs 875 crore through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), the lending arm of the World Bank. The firm has used over 50% of the fund in retiring the existing debt while the balance is used for acquiring land in Sohna…