Debt financing
Telecom services provider Vodafone Idea, formed by the merger of Vodafone India and Idea Cellular, has raised INR 3,300 crore through its subsidiary Vodafone Idea Telecom Infrastructure Ltd (VITIL) by issuing secured…
Debt financing
ACME Solar Holdings has raised INR 4,725 crore in financing from Power Finance Corporation Ltd (PFC Ltd), National Bank for Financing Infrastructure Development (NaBFID), and Yes Bank. This capital includes new…
Debt financing
Publicly listed Tata Chemicals Ltd has raised INR 1,500 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. The NCDs, with a fixed rate coupon of 7.06%, have been issued based…
Debt financing
Thrissur-based Manappuram Finance has approved the allotment of secured, non-cumulative, redeemable, listed, rated, non-convertible taxable debentures of face value of INR 1,00,000 for INR 500 crore on a private…
Debt financing
Thrissur, Kerala-based ESAF Small Finance Bank has decided to sell bad loans amounting to INR 1,700 crore to asset reconstruction companies (ARCs).As of the end of September, ESAF Small Finance Bank reported gross…
Debt financing
Pune-based mobile-first credit card startup OneCard has raised INR 40 crore in debt from existing investor Alteria Capital. This financing was structured through the issuance of 4,000 non-convertible debentures (NCDs)…
Debt financing
Mumbai-based infrastructure major HCC has transferred debt of INR 2,854 crore to its associate company, Prolific Resolution . Post transaction, HCC retains a 49% equity stake in Prolific Resolution and has provided a…
Debt financing
Jindal Jhajjar Power Ltd (JJPL) is raising INR 2,100 crore through a combination of a term loan and non-convertible debentures (NCDs). The term loan will account for about INR 1,500 crore with an 11.25-year tenor…
Debt financing
Hyderabad-based managed office operator iSprout has raised INR 60 crore in debt from Tata Capital.The new funds will be used to launch new centers across tier-1 and tier-2 cities, upgrade technology platforms, expand…
Debt financing
New Delhi-based Petronet LNG has secured an INR 12,000 crore secured rupee term loan facility from a consortium of banks. The consortium includes State Bank of India, which led the consortium, and Bank of Baroda, with…
