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…
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…
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…
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…
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…
Larsen & Toubro plans to raise up to INR 500 crore through a tokenized bond issuance.Tokenized bonds are conventional debt securities where ownership and transaction records are maintained on a blockchain or…
The board of RBL Bank has approved the mobilization of up to USD 1-Billion in capital from overseas investors through the issuance of bonds. This fundraise will be executed under a newly established Euro Medium Term…
Bengaluru-based Canara Bank is planning to raise USD 2 Billion through an overseas bond issuance under its medium-term note (MTN) programme. The state-owned bank intends to mobilise the capital through its Gift City…
Aditya Birla Group has received loan commitments totalling INR 24,000 crore from at least four banks to finance the acquisition of Solenergi Power, an entity that owns the Indian renewable energy assets of Shell This…
Ahmedabad-based Adani Group plans to raise debt through its privately held entity, Adani Infra (India) , to refinance part of the loan originally taken to acquire Ambuja Cement. The group intends to leverage the…