Debt financing
Fairfax-backed IIFL Finance has raised USD 300 million through a four-year dollar bond sale to international investors. The transaction marks the second such issuance by the company within a month. The bonds were…
Debt financing
UK-based Agratas , the battery unit of Tata Group, will draw GBP 1.15 Billion in loans from a banking consortium, marking a 53% increase from the previously agreed GBP 750 million. Lenders have extended the repayment…
Debt financing
Mumbai-based non-banking financial company (NBFC) Capri Global Capital plans to enter the international debt market for the first time, aiming to raise between USD 300 million and USD 500 million through offshore…
Debt financing
Bank of Baroda may raise USD 1 Billion through the issuance of senior unsecured notes. The proposed fundraising is intended to provide leverage to the bank's non-resident Indian customers who wish to place fresh…
Debt financing
Mumbai-headquartered State Bank of India (SBI) has raised USD 300 million through the issuance of three-year senior unsecured floating-rate notes via its London branch.The bonds were issued under Regulation S with a…
Debt financing
The India Infrastructure Finance Company (IIFCL) is planning to raise USD 1 Billion in loans from overseas investors. Additionally, the company is in talks with the Asian Development Bank for a loan of USD 400…
Debt financing
The Aditya Birla Group (ABG) has initiated talks with State Bank of India and Axis Bank to arrange a Rs.15,000-Cr term loan facility. The financing is intended to support the potential acquisition of Pune-based Sprng…
Debt financing
Ahmedabad-based, publicly listed Torrent Power has raised INR 3,800 crore through the issuance of non-convertible debentures (NCDs). The company issued these secured, rated, listed, taxable, non-cumulative, redeemable…
Debt financing
Several Indian state-run financial institutions are planning to raise up to $2-B in overseas loans by using a central bank facility that offers concessional borrowing rates. The Small Industries Development Bank of…
Debt financing
Chennai-based wealth management platform FundsIndia has raised INR 44.6 crore through an issuance of secured non-convertible debentures (NCDs), which saw participation from accredited investors and high-net-worth…
