Page 4 - Ncds

IIFL Home Finance files draft shelf prospectus to raise up to Rs 5,000 cr

IIFL Home Finance plans to raise up to Rs 5,000 crore, to boost its lending business, through public issue of non-convertible debentures.

Fund raising via NCDs drops 29% in FY21 on decline in credit ratings

Fund raising through issuance of debentures dropped 29 per cent to Rs 10,587 crore in 2020-21

GIC Housing Finance raises Rs 195 crore via non-convertible debentures

GIC Housing Finance on Tuesday said it has raised Rs 195 crore through issuance of (NCDs) to Aditya Birla Sun Life Mutual Fund on private placement basis

Jindal Saw says it raised Rs 500 crore through allotment of NCDs to LIC

Jindal Saw on Friday said it raised Rs 500 crore through allotment of non-convertible debentures on a private placement basis to LIC of India

Kesoram's Rs 2063 cr debt raising via NCDs and OCDs at stiff coupon rates

The company informed bourses that it has also raised Rs 1,603 crore via NCDs with maturity in February 2026, and optionally convertible debentures amounting to Rs 459 crore

IRB Infrastructure Developers to raise up to Rs 2,200 crore via NCD issue

IRB Infrastructure Developers on Wednesday said it will raise up to Rs 2,220 crore through issuance of non-convertible debentures

We hope investors will continue to support us: Hemant Kanoria of Srei Infra

In a Q&A, the company's chairman says the firm had to freeze interest payment and redemption of NCDs due to the pandemic and related regulatory approach

Future Lifestyle Fashions defaults on NCD payments worth Rs 31 cr

The gross principal amount on which the default has occurred is Rs 350 crore

ICICI Prudential Life raises Rs 1,200 crore through maiden NCD sale

Leading private sector life insurer ICICI Prudential Life on Friday raised Rs 1,200 crore in debt capital through the sale of non-convertible debentures (NCDs) -- a first for the company

CRISIL upgrades rating on Tata Power NCDs, long-term bank facilities

Tata Power on Thursday said Crisil has upgraded its rating on the company's non-convertible debentures and long-term bank facilities. "Crisil has upgraded its rating of The Tata Power Company Ltd to 'Crisil AA' from 'Crisil AA-' on the non-convertible debentures and long-term bank facilities, Tata Power said in a regulatory filing. The outlook on the rating has been revised to 'stable' from 'positive'. The rating on Tata Power's commercial paper programme has been reaffirmed at Crisil A1+, it said. Tata Power said the rating upgrade has been driven by the de-leveraging initiatives such as sale of non-core assets (South African wind asset and shipping business) and the preferential allotment of equity undertaken by the company. Praveer Sinha, CEO and Managing Director, Tata Power said this rating upgrade recognises the significant efforts of the company to strengthen the fundamentals. The company is on course to achieve the deleveraging and restructuring of business as laid out in

Embassy REIT raises Rs 750 crore via non-convertible debentures

Embassy Office Parks REIT on Tuesday said it has raised Rs 750 crore by issuing debentures on private placement basis and will use the funds for completing ongoing commercial projects and recent acquisition. Embassy REIT is the country's first listed REIT (Real Estate Investment Trust) and the largest in Asia by area. It got listed in April last year after raising Rs 4,750 crore through public issue. In a filing to BSE, Embassy REIT said it has "successfully priced and allotted by way of a private placement, Rs 7.5 billionor Rs 750 crore of rupee-denominated, listed, rated, secured, redeemable, transferable non-convertible debentures (NCDs) at 6.70 per cent quarterly coupon". The NCDs will be listed on the Wholesale Debt Market of BSE. Following our successful Rs 7.5 billion fundraise in September 2020, we are pleased to announce another competitively priced debt raise by Embassy REIT," Michael Holland, CEO of Embassy REIT, said. This successful placement once again demonstrates t

IOC Board to consider raising up to Rs 20,000 cr via bonds, debentures

The borrowing would be carried out in one or more tranches, the company said in a regulatory filing on Thursday

ONGC, Indian Oil Corp raise Rs 3,140 cr in debt to meet business expenses

In separate regulatory filings, the two firms said they raised the debt through non-convertible debentures (NCDs)

Shriram Transport Finance raises Rs 100 cr via NCDs on pvt placement basis

The issue size was Rs 100 crore, and the tenure of the bonds is 560 days (18 months and 13 days)

CLP Wind Farms raises Rs 300 cr through non-convertible debentures

The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses

Adani Enterprises raises Rs 125 cr through NCDs on private placement basis

The company said it has allotted 1,250 NCDs.

Hind Zinc may use NCD funds as dividends to help Vedanta delist: analysts

Firm raises Rs 3,520 cr despite firm being cash surplus; It cannot use the proceeds directly for parent company

Future Enterprises reports default on interest payments of NCDs again

FEL, which is having financial troubles, had last week also informed default on interest payment of another non-convertible debenture

Raymond to raise Rs 100 crore through non-convertible debentures

"The Committee of Directors approved the Issue of Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis," the company said in a BSE filing

Hindustan Zinc to seek board approval to raise up to Rs 4,000 cr via NCDs

The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,000 crores in one or more tranches, HZL said