One of the leading infrastructure companies, headquartered in Hyderabad, Ramky Infrastructure has decided to sell off three of its road assets to raise funds and to curb the debts. The company is in talks with Morgan Stanley Infrastructure Partners, a private equity fund and Ajay Piramal group, structured investment organization. This infrastructure company has assigned ICICI Securities as an investment banker for the deal.Ramky infrastructure is planning to incur Rs. 900 crore by selling its road assets which includes Ramky Elsamex, NAM Expressway and Sehore Kosmi Tollways. Though none of the members involved in this transaction has revealed any information about this deal yet it is seen that the company in advanced stage of negotiation for selling these properties.According to the sources, Ramky Infrastructure will be using this amount to curb the debt cost of Rs. 2,100 crore. It plans to utilize the equity amount of Rs. 900 crore to clear majority of its standalone debt. On the whole, this infrastructure company would be able to pay off debt of Rs. 2,100 crore by the sale of these three road assets on the joint balance sheet level.The company assets which are put on sales have already started to create good revenue. Ramky Elsamex is located in Hyderabad, Sehore Kosmi Tollways is in Madhya Pradesh whereas NAM Expressway is located in Andhra Pradesh on the route to Narketpalli-Addanki-Medaramitla.As per the analysts, it is difficult for this infrastructure company to find buyers who are eagerly looking for investment and also road asset evaluation has dropped due to poor policies for the infrastructure sector in our country.займ на карту без отказов круглосуточновзять кредит онлайн