Page 9 - Non-convertible Debentures

UTI MF to side-pocket debt exposure to Zee Learn following downgrade

Rating revision factored in likelihood of default on payments due on Wednesday

DHFL defaults on NCD repayments of Rs 50 cr over moratorium restrictions

The payments to the lenders or NCD holders remain in abeyance and will be subject to the outcome of the CIRP process, the company said.

Anil Ambani-promoted RInfra's total default pegged at Rs 3,315 crore

In notes to its consolidated results for FY20, the list of debt on which it has defaulted, or has delayed payments, includes 33 different lenders and non-convertible debenture (NCD) series.

Tata Motors resumes operations across all its manufacturing plants

The company has restarted operations at all plants with Jamshedpur facility also getting approval on May 27, Tata Motors said in a regulatory filing.

Sebi, Centre at odds over easing disclosure norms for listed NCDs

If the proposal is approved, companies listing their non-convertible debentures won't be obliged to meet disclosure norms

Patanjali's Rs 250 crore NCD subscribed within three minutes of opening

The fund-raising will be used to meet the Haridwar-based company's working capital requirements and strengthen the supply chain network

Patanjali to issue debentures worth Rs 250 cr; bidding to start on May 28

NCDs will carry a coupon rate of 10.10 per cent with a tenure of three years

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value

Sudden spike in bond yield amid coronavirus outbreak signals trouble

Also, watch out for a company raising money at a very high rate of interest

Franklin chief says tightening of unlisted debt added to pressure

Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets

Cash-strapped Blue Star to raise Rs 300 crore via NCDs to meet expenses

The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing

Delhi court sets aside interim relief order on Indiabulls Housing Finance

The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court, challenging the interim order granting protection to Indiabulls.

Piramal, Tata Motors, Coastal Gujarat to issue NCDs to raise Rs 5,700 crore

Piramal Enterprises's (PEL's) Rs 3,000 crore fundraising is through debentures.

Adani Ports raises Rs 1,500 cr through non-convertible debentures

The NCDs will be listed on the Wholesale Debt Market segment of the BSE.The finance committee meeting of the company held a meeting on Monday.

Unlisted NCDs may be treated as term loans, carry RBI moratorium benefit

Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'.

Future Group: Retail king of India faces litmus test as debt soars

Future Group sees its biggest crisis after raising high-cost loans from PEs and pledging shares

Crisil revises rating outlook on Vedanta Ltd to negative from stable

Delay in debt refinancing of Vedanta Resources, higher-than-expected dividends by Vedanta Limited seen as key rating sensitivity factors

Reliance Industries' board to meet on April 2 for fundraising through NCDs

The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation.

Reliance Industries to consider fundraising proposal on Thursday

RIL will consider fundraising by issuing listed, secured/unsecured and redeemable non-convertible debentures on a private placement basis