The firm said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base
Proceeds will be part of ADB's ordinary capital resources
Airtel has priced $750 million of senior 10.25-year bonds at a yield after adding 187.5 basis points (bps) over the US Treasury, for an implied coupon of 3.25 per cent
The supply of corporate bonds in the domestic market is expected to double by fiscal 2025 with the financial sector contributing around 50 per cent to this growth, Crisil said
The benchmark 10-year bond yield, at 6.17%, was up 22 basis points since its low last week
The firm has raised the money through issuance of notes (bonds) under its $7 billion Global Medium Term Note Programme which would be used to finance the power sector
State-run lender State Bank of India has a significant stake in SBI Card
The firm said it will meet global fixed income investors on or after February 23
Bitcoin added to the bullish mood, briefly climbing above $50,000 for the first time
The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs)
IRFC had a bumper IPO last month
The company said the senior unsecured US dollar note was oversubscribed six times by marquee international investors, helping it fix the coupon at a low 3.10 per cent
State-owned Union Bank oFrom the issue size of Rs 200 crore with green shoe option up to Rs 30f India on Wednesday said it will raise Rs 205 crore by issuing Basel III compliant bonds later this week.
GMR Hyderabad International Airport Limited (GHIAL) on Wednesday announced that it successfully priced an offering of US$ 300 million bond in the international bond market
The bank has raised Rs 750 crore by issuing Basel III compliant bonds
Adani Ports & Special Economic Zone, the largest port operator in the country, is in the international debt market with a benchmark issue to raise at least USD 500 million. This is the third large bond sale by domestic issuers after Exim Bank's USD 1 billion issue at record low prices in the first week of the moth followed by SBI in the second week with a USD 6 billion sale. Adani Ports is the largest port developer and operator in the country in terms of volume, with coal and other dry bulk terminals showing an annual capacity of 478.6 million tonnes. "We are in the dollar debt market and are planning to raise USD 500 million through a Reg S issue," a merchant banking source told PTI on Wednesday without sharing other details like pricing and tenor saying the issue is the market. The last time it had paid 4.2 per cent coupon to USD 750 million issue last July. While Reg S issue means resident American investors can't subscribe to the issue, benchmark issue means a large issue ...
The firm will raise the money through issuance of non-convertible bonds via private placement
For borrowers, it's a no-brainer -- selling ultra-long debt allows them to lock in interest rates squashed to historically low levels by central bank stimulus
PFC is planning to raise Rs 5,000 crore in the first tranche, proceeds to be used for funding projects in the renewable energy and transmission & distribution segment
SBI listed foreign currency bonds of $600 million under its $10 billion Global Medium Term Note Programme on India INX's Global Securities Market (GSM)