New Delhi, Jan 12 (TIWN) Power transmission player Sterlite Power on Monday announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) -- one of the world's leading investment managers with a focus on sustainable investments.

Sterlite NSE -1.20 % Power has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) - one of the world's leading investment managers with focus on sustainable investments, a company statement said.

The Rs 200-crore facility from Allianz GI has been raised as a non-convertible debenture with a three-year tenure and is part of the larger refinancing exercise undertaken by Sterlite Power to reduce its holding company borrowings.