Debt financing
Mumbai-based, publicly-listed Axis Bank has raised USD 500-M through an offshore loan facility from Mitsubishi UFJ Financial Group. The transaction was structured as a three-year facility. MUFG served as the sole…
Debt financing
New Delhi-based Hero Realty , the real estate arm of Hero Enterprise has raised INR 1,200 Cr in debt from IndusInd Bank which was facilitated by the financial advisor Rezonance Consultants.The company is currently…
Debt financing
Mindspace Business Parks REIT (Mindspace REIT) has raised INR 500 crore through a 10-year non-convertible debenture (NCD) issuance, fully subscribed by a domestic life insurance company. Khaitan & Co served as legal…
Debt financing
Mumbai-based Ecofy , a non-banking financial company (NBFC) specialising in climate change solutions, has raised USD 15 million in debt from Mirova. This follows earlier fundraising activities for INR 380.5 crore…
Debt financing
The World Bank has signed financing agreements totalling USD 515 million with Dorjilung Hydro Power (DHPL), a special purpose vehicle (SPV) jointly owned by Bhutan’s Druk Green Power Corporation (60%) and Tata Power…
Debt financing
Kolkata-based quick-service restaurant chain Wow! Momo is to raise INR 110 crore in debt funding from Anicut Capital, in three tranches. The firm has already received INR 60 crore. The remaining tranches are expected…
Debt financing
Gurugram-based Battery Smart has raised USD 15 million in debt funding from Mirova, an affiliate of Natixis Investment Managers.Founded in 2019 by Pulkit Khurana, Battery Smart operates a battery swapping network for…
Debt financing
Hyderabad-based sports gaming studio Hitwicket has raised USD 20 million in “user acquisition” funding from London-based Metica.Founded in 2020 by Kashyap Reddy and Keerti Singh, Hitwicket - operated by Metasports…
Debt financing
Mumbai-based Evonith Steel has raised INR 1,750 crore in fresh debt from Standard Chartered, JP Morgan, IDFC First Bank, and other entities and INR 250 crore through Non-Convertible Debentures (NCDs) from HDFC Mutual…
Debt financing
A consortium of global lenders, including Sumitomo Mitsui Banking Corporation, Standard Chartered Bank, Mitsubishi UFJ Financial Group, DBS, BNP Paribas, and Credit Agricole CIB, will provide about USD 600 million in…
