Corporate finance
RIL raising $500 mn in perpetual bonds overseas
28 Jan 2013
RIL today launched an issue in Hong Kong and Singapore markets to raise a minimum of $500 million in perpetual bonds, taking its overall long-term overseas debt in the current financial year to $4 billion
ArcelorMittal raises $4 bn to cut debt
11 Jan 2013
ArcelorMittal, the world’s largest steelmaker whose debt has been cut to “junk” status in recent months by global credit rating agencies,has successfully raised $4 billion yesterday in order to reduce the group’s debt.
US Ex-Im approves $2.1-bn credit to Reliance Industries
06 Dec 2012
The credit, jointly financed by Ex-Im and JP Morgan Chase, will support approximately 12,300 US jobs, according to the bank's estimates
Creditors agree to restructure Suzlon’s Rs11,000-crore debt
27 Nov 2012
The restructured debt will have a 2-year moratorium on repayment of interest and principal and will be repaid in a period of eight years after the moratorium expires
IIFCL raising Rs10,000-crore via tax-free bonds
09 Nov 2012
IOC bags Rs1684cr in Singapore bond issue
06 Oct 2012
HSBC to issue new shares to pay bonuses
22 Feb 2012
The pay deal has received approval of the Financial Services Authority, which sees this as a way for banks to bolster their capital base even as they continued to pay staff bonuses
Chrysler withdraws $3-bn loan application
17 Feb 2012
Bharti to raise up to $1 billion through global bond issue
02 May 2011
The company had earlier said it would prepay by March 2011 about $900 million of the $7.5 billion loan it took from banks to fund its African acquisition of Kuwait-based Zain Telecom