ReNew Energy Global Offshore Bond Issuance **Issuer:** ReNew Energy Global **Target Amount:** ~$500 Million **Instrument:** Dollar-Denominated Bonds (GIFT City) Executive Summary ReNew Energy Global has initiated a plan to raise approximately **$500 million** through an offshore issuance of dollar-denominated bonds. The transaction will be executed via the Gujarat International Finance Tec-City (GIFT City), leveraging India's International Financial Services Centre (IFSC) for global capital access. Transaction Highlights * **Issuance Structure:** The bonds will be issued directly through the GIFT City jurisdiction. * **Banking Syndicate:** Several prominent international banks have been mandated as joint global coordinators and bookrunners to manage the book-building process. Use of Proceeds Funds raised from this offering are earmarked for the following strategic purposes: * **On-Lending:** Capital injection into ReNew Group entities. * **Debt Management:** Repayment of existing debt obligations. * **Corporate Strategy:** Financing other permitted corporate activities.