Domestic firms have raised $13.29 billion (Rs 60,837 crore) from global debt markets between January-August this year surpassing the 2005-figure of $13.16 billion (Rs 60,218 crore).Major companies that have raised funds abroad through foreign currency convertible bonds (FCCBs) this year include Ranbaxy Laboratories ($400 million), Jubilant Organosys ($200 million), Mahindra & Mahindra ($200 million), India Cements ($75 million) and Larsen & Toubro ($100 million).Besides FCCBs, other debt securities like eurobonds and syndicated loans have also seen significant growth this year.According to investment banking major Barclays Capital, companies raised about $5 billion through FCCBs between January-August this year as against $3.9 billion in entire 2005.
