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Private Debt

Central Bank withdraws IBC case as Aban Offshore pays one-time settlement

The company has repaid outstanding principal of Rs 121.78 crore to the bank, is in talks with other lenders for debt resolution plan

Central Bank withdraws IBC case as Aban Offshore pays one-time settlement
Updated On : 12 Sep 2022 | 8:25 PM IST

Navi Finserv Rs 300 crore debt bond lists with 1.65 times subscription

Navi Finserv debt bond got listed on Friday following 1.65 times subscription of the base issue of Rs 300 crore, the company said. The issue which closed on June 2, eight days ahead of schedule, received total bids worth Rs 495.72 crore which was about 65 per cent higher than the base issue. The fintech firm's secured, rated, listed and redeemable Non-Convertible Debentures (NCDs) had a total value of Rs 600 crore, including the greenshoe option of Rs 300 crore. The maximum bid for the Navi Finserv (NFS) issue came from Qualified Institutional Buyers (QIB) followed by HNIs (High Net-worth Individuals) and retail investors. "It's great to see the response to our maiden public NCD issuance from both retail and institutional investors. Our goal was to diversify our borrowing profile, and with more than 5,000 retail and HNI investors participating in the issue, the market has shown its confidence in our company's strong fundamentals and robust business model," NFS chairman and CEO Sach

Navi Finserv Rs 300 crore debt bond lists with 1.65 times subscription
Updated On : 10 Jun 2022 | 11:02 PM IST

Global investors flock to private debt space, expect huge demand for credit

Private debt means debt given to privately held companies or buying those loans in the secondary market

Global investors flock to private debt space, expect huge demand for credit
Updated On : 15 Mar 2021 | 6:10 AM IST

Supply challenges for auto-disable syringe needle private hospitals

So far, the syringes were being supplied by the state government

Supply challenges for auto-disable syringe needle private hospitals
Updated On : 04 Mar 2021 | 8:24 AM IST

Promoter pledging spikes in firms belonging to debt-laden groups

The companies with high promoter pledging also saw a sharp fall in their share prices; market experts say companies with high pledging have seen sharp selling

Promoter pledging spikes in firms belonging to debt-laden groups
Updated On : 22 May 2020 | 1:31 AM IST

Pension fund manager CPPIB looks to re-enter private debt market in India

The desire to enter the private debt space in India comes when there is an acute fund crunch in real estate and among non-banking financial companies

Pension fund manager CPPIB looks to re-enter private debt market in India
Updated On : 07 Aug 2019 | 10:52 PM IST

Statsguru: Total private debt soars in China, remains stable in India

The top three borrowers in the world are the United States, China and Japan

Statsguru: Total private debt soars in China, remains stable in India
Updated On : 21 May 2018 | 12:39 AM IST