Debt financing
Pune-based Bank of Maharashtra has raised USD 500 million through its debut international bond issuance.Bank of Maharashtra’s debt instrument carries a five-year maturity period and was executed in a single tranche…
Debt financing
The National Bank for Financing Infrastructure and Development (NaBFID) , a state-run infrastructure financier, aims to raise approximately USD 4-B in funding by December through a combination of loans and bonds. The…
Debt financing
Reliance Industries is raising INR.12,500-Cr through a five-year bond issue. The transaction is being arranged by a group of lenders, including Axis Bank, HDFC Bank, ICICI Bank, and Yes Bank.The bond issue consists of…
Debt financing
Mumbai-based Avaada Ventures , the holding company of the renewable energy group Avaada, plans to raise INR.3,515-Cr through rupee-denominated non-convertible debentures (NCD) and USD 398-M via an external commercial…
Debt financing
A group of lenders led by State Bank of India has agreed to provide USD 3.5-B in debt financing to Vodafone Idea. The transaction includes participation from Union Bank of India and the National Bank for Financing…
Debt financing
Canara Bank plans to raise up to INR 4,500 crore through the issuance of Basel III-compliant additional Tier I perpetual bonds. The fundraising includes a base issue of INR 2,000 crore and a greenshoe option to retain…
Debt financing
Mumbai-based Larsen & Toubro (L&T) and IIFL Finance have entered the Indian tokenised bond market, raising INR 500-Cr and INR 25-Cr, respectively. The development follows an issuance by REC, which raised INR 500-Cr via…
Debt financing
RBL and Bank of Maharashtra are in the final stages of marketing dollar-denominated bonds to international investors. The lenders are seeking to raise between USD 300 million and USD 500 million each through the…
Debt financing
New Delhi-based state-run power financier REC has raised INR 500 Cr through tokenised bond issuance. The transaction involved participation from approximately 20 investors, including banks, mutual funds, and…
Debt financing
Reliance Industries is planning to raise up to INR 12,500-Cr through five-year local-currency bonds as early as next week. The transaction includes a base issue of INR 10,000-Cr and a greenshoe option of INR 2,500-Cr…
