Debt financing
State Bank of India (SBI), Axis Bank, Bank of Baroda (BoB), and the government-owned non-bank lender Power Finance Corporation (PFC) are preparing to tap overseas bond markets to collectively raise at least $2-B in…
Debt financing
Delhi-based budget carrier SpiceJet has received the first tranche of funding, amounting to INR 150 crore, from Bank of India under the government’s Emergency Credit Line Guarantee Scheme (ECLGS). This disbursement is…
Debt financing
HSBC India has financed the acquisition of a 55% stake in Vadodara-based Engineering, Procurement, and Construction (EPC) company Associated Power Structures Pvt Ltd (APSPL) by Mumbai-based, publicly listed Waaree…
Debt financing
Mumbai-based Bank of Baroda is preparing to raise about $500-M through a dollar-denominated bond sale. The proposed bond is expected to have a five-year maturity and be priced at roughly 90 basis points over comparable…
Debt financing
Mumbai-based HDFC Bank has raised USD 750 million through a five-year offshore bond issuance, marking the first transaction to avail of the Reserve Bank of India's (RBI) special swap facility. The bonds were issued…
Debt financing
Ahmedabad-headquartered Adani Green Energy is in talks to raise $1-B through offshore borrowing. This transaction marks the company’s first international fundraising effort following the resolution of legal proceedings…
Debt financing
Mumbai-based Tata Capital , the financial services firm under the Tata Group, has received board approval to raise up to INR 36,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement…
Debt financing
Delhi-based Housing and Urban Development Corporation (Hudco) plans to raise $1-B in foreign debt. The firm intends to use the Reserve Bank of India’s concessional forex swap facility to execute this transaction. Hudco…
Debt financing
Power and renewable energy firms in India are actively exploring overseas debt options following the introduction of a new dollar-rupee swap facility by the Reserve Bank of India (RBI).Gurugram-based REC has planned to…
Debt financing
The National Bank for Financing Infrastructure & Development ( NaBFID ) is in talks with banks to raise funds through a five-year dollar-denominated loan. The state-owned infrastructure lender aims to leverage the…
