Page 30 - Bonds

Satin Creditcare raises Rs 96 cr by issuing bonds to two investors

A total of 19,250 secured, rated and redeemable non-convertible debentures (NCDs) of Rs 50,000 each have been issued to AAV Sarl and Masala Investments Sarl

IIFL Finance gets board's approval to raise Rs 5,000 cr by issuing bonds

IIFL Finance is planning to raise debt capital worth Rs 5,000 crore by issuing bonds on a private placement basis, the company said on Thursday. The bonds will be offered through public issue, subject to regulatory and statutory approvals, IIFL Finance said in a regulatory filing. "The board of directors of the company at their meeting held today, June 23, 2022, approved the raising of funds by way of issuance of secured redeemable non-convertible debentures with the shelf limit of Rs 50,000 million, in one or more tranches," it added. IIFL Finance is a non-banking finance company (NBFC), offering products such as home loans, gold loans, and business loans, including loans against property and medium & small enterprise financing, microfinance, developer and construction finance. It also offers capital market finance; catering to both retail and corporate clients. Its subsidiaries IIFL Home Finance Ltd and Samasta Microfinance Ltd -- are engaged in providing a diverse range of ...

Cut-off yields ease by 7-8 bps at State bond auction as borrowings taper

This week, spread between weighted average 10-year SDL and 10-year GOI bond yield was up slightly to 37 bps from 36 bps earlier

YES Bank board approves buyback of overseas bonds up to $200 mn

The lender will do the repurchase at 97% of the principal amount of the notes.

Sachin Bansal's Navi Finserv's Rs 300-cr debt bond subscribed 1.4 times

The fintech firm's secured, rated, listed and redeemable non-convertible debentures (NCDs) have a total value of Rs 600 crore after including the greenshoe option of Rs 300 crore.

Muthoot Finance to raise up to Rs 300 cr via bonds; issue opens May 25

The non-banking finance company said the funds raised through this issue will be utilised primarily for lending activities of the company

RBL Bank raises $100 mn from Basel III-compliant unsecured tier 2 bonds

RBL Bank on Tuesday said it has raised $100 million (about Rs 770 crore) through its first issuance of Basel III-compliant unsecured and subordinated tier 2 bonds.

Mumbai airport gets $750 million from private bond sale to Apollo Global

A major bond market rout globally has prompted several Asian companies to revise their dent sale plans.

HDFC Bank to raise Rs 50,000 cr via bonds; Renu Karnad reappointed director

The funds will be raised in the period of next 12 months through private placement mode, subject to approval of shareholders among others

Equities or bonds? Where to invest in a rising interest rate scenario

The RBI's hawkish approach has taken markets by surprise. It has kicked-off a rate tightening cycle to tame inflation that spiked to 6.95% in March. What're the investment options in this scenario?

Jan/Feb market sell-off was an just an appetizer: BofA Securities survey

Global growth optimism, according to the survey findings, was at an all-time low, with recession fears surging in the world's investment community.

HDFC Bank looking to raise up to Rs 50,000 cr via bonds over 12 months

The lender's board will consider the proposal at a board meeting on April 16

IIFL Finance buys back overseas bonds worth $50 million

Non-banking finance company IIFL Finance on Tuesday said it has bought back USD 50 million worth of overseas bonds with funds raised through a loan from a global bank

Bond yield surge threat is only agenda for traders from RBI policy

The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.

Greenko Wind Projects raises $750 mn through dollar bonds

Three-year paper priced at 5.5%

IOB raises Rs 665 crore via tier-II bonds, exercises green shoe

The lender came up with a Basel-III compliant bond issue with base size of Rs 200 crore and green shoe option of Rs 600 crore

Jammu and Kashmir Bank raises Rs 360 crore through bonds

Shares of the bank closed at Rs 32 apiece on the BSE, down by 3.18 per cent from previous close

Punjab National Bank plans to raise Rs 12,000 crore through bonds

Punjab National Bank (PNB) on Tuesday said its board has approved a proposal to raise Rs 12,000 crore through issuance of bonds to fund business growth.

Karnataka Bank board approves plan to raise Rs 300 cr via bonds

Private sector lender Karnataka Bank on Tuesday said it will raise up to Rs 300 crore by issuing Basel III compliant bonds on a private placement basis.

REC board okays Rs 85,000 cr borrowing plan for 2022-23

According to the filing, the company has planned to raise Rs 75,000 through issuance of bonds , term loans and external commercial borrowings