Shapoorji Pallonji bonds hit record as potential Tata Sons listing boosts debt repayment hopes

The optimism has also extended to the group's rupee-denominated debt. Deutsche Bank AG and some wealth managers are marketing bonds issued by Eqyizen Investment Pvt., another SP Group company, according to bondholders familiar with the matter. Some holders are offering the securities at yields of 18.75%, compared with 18.95% when the bonds were sold in July. A decline in yields indicates stronger demand as investors become more confident about repayment prospects.