Latest Updates Around The World
Mumbai: Muthoot Finance on Thursday tapped the foreign debt market and raised about $600 million through a 4.5-year senior secured amortizing US dollar bond, according to people familiar with the matter. The bond was launched with initial price guidance near 6.125%. However, it was priced at a much more competitive rate of around 5.75%. The […]
Mumbai: Shapoorji Pallonji Group (SP Group) is in talks with investors to raise ₹25,000 crore through new two-year, unlisted and unrated non-convertible bonds, with pricing discussions now focusing on an internal rate of return (IRR) of 14-15%. The discussions come at a time when the group is considering a number of options to monetize its […]
India’s Goswami Infratech, part of the Shapoorji Pallonji Group (SP Group), will complete a bond issue before the end of January to refinance existing loans, three bankers aware of the matter said on Thursday. The real estate and civil engineering company is preparing to raise about 250 billion rupees ($2.84 billion) through a two-year zero-coupon […]
