Debt financing
Sterlite Power has successfully refinanced project loan for the recently-commissioned Khargone transmission project. The new financing from Aseem Infrastructure Finance - INR 525 crore, NIIF Infrastructure Finance…
Debt financing
Adani Green Energy Ltd (AGEL) has extended its construction financing framework to USD 1.64 billion by raising a USD 288 million facility for its under-construction renewable asset portfolio through agreements signed…
Debt financing
Grip, an alternative investment platform, has provided INR 3.75 crore lease financing facility to Aarav Unmanned Systems (AUS). Grip will also enable AUS to build new revenue streams by leveraging lease financing for…
Debt financing
The bid by the Reliance Industries Ltd-Assets Care and Reconstruction Enterprise Ltd (RIL-ACRE) consortium to acquire Sintex Industries Ltd, which is undergoing insolvency proceedings, got more than 90% support from…
Debt financing
Pristine Logistics & Infraprojects has secured approval from a lenders panel to acquire Chennai-based Sical Logistics, the bankrupt firm previously owned by the Coffee Day Group, for about INR 520 crore. The creditors…
Debt financing
Fibroheal Woundcare has raised venture debt funding of about USD 1 million (about INR 7 crore) from Biotechnology Industry Research Assistance Council (BIRAC) under its PCP Fund (Product Commercialisation Fund) and the…
Debt financing
A joint bid by the Hazel Mercantile-Swan Energy combine for the Anil Ambani-promoted Reliance Naval & Engineering secured in its favour votes from about 95% of the lenders by value in a bankruptcy resolution process…
Debt financing
The Supreme Court has stayed a National Company Law Appellate Tribunal (NCLAT) order liquidating C Sivasankaran-promoted Siva Industries & Holdings, further dragging the already delayed bankruptcy case. In a one line…
Debt financing
The Debt Recovery Tribunal (DRT) has dismissed State Bank of India's five-year-old plea seeking to invoke a personal guarantee extended by Prashant Ruia and his uncle Ravi Ruia for a loan taken by Essar Steel India Ltd…
Debt financing
DME Development Limited (DMEDL), a wholly-owned entity of the National Highways Authority of India (NHAI), has raised INR 5,000 crore through maiden 15-year bond offering with variable coupon rates. The bond, with a…
