Debt financing
The Adani Group plans to raise USD 1.5 Billion in debt to finance the expansion of its data center infrastructure. The funding is intended for Ahmedabad-based AdaniConneX , a joint venture between the conglomerate and…
Debt financing
Jubilant Pharmova , the pharmaceutical arm of the Jubilant Bhartia Group, is raising INR 800-Cr in debt through its maiden bond issue in the local market. The transaction comprises a base issue of INR 400-Cr and an…
Debt financing
Chennai-based public sector lender Indian Overseas Bank plans to raise USD 500 million through external commercial borrowing (ECB) in two equal tranches by the end of December.The bank plans to execute the fundraising…
Debt financing
The International Finance Corporation (IFC) has extended a USD 150 million social loan to State Bank of India . This transaction marks the first credit line provided by IFC to a public-sector bank in India. The funding…
Debt financing
Mumbai-based National Bank for Agriculture and Rural Development (Nabard) is negotiating rates to raise USD 2 billion through external commercial borrowings (ECBs). This fundraising initiative is being conducted under…
Debt financing
Noida-based Jubilant Pharmova plans to raise INR 1,400 crore (USD 150 million) through a three-year rupee bond offering. The bond issuance is expected to conclude before the end of next month.Founded in 1978 by Shyam…
Debt financing
Hyderabad-based Fourth Partner Energy has raised INR 750-Cr in financing from Tata Capital Cleantech Finance to develop a hybrid renewable energy project in Maharashtra. The company has already received an initial…
Debt financing
Mumbai-based JSW Paints is expected to raise about INR 30 crore through the issuance of four-year and five-year bonds in the coming weeks. The transaction is intended to refinance an earlier fundraise by the company…
Debt financing
Ahmedabad-based, publicly listed Torrent Power is looking to raise about USD 500-M through the issuance of rupee-denominated bonds, marking its second such bond sale within the current financial year. The company is…
Debt financing
Budget airline IndiGo has closed a USD 328 million financing arrangement for eight Airbus aircraft.The transaction, arranged by Citi, involves the financing of six A321 and two A320 aircraft. It was executed through…
