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DAVIDSON KEMPNER
Shapoorji Pallonji to close Rs 25,400 crore financing by mid-MayShapoorji Pallonji Group is set to raise about Rs 25,400 crore by May 15. This funding will be used to refinance existing debt. The group i...
SP Group to raise Rs 25,400 crore via bonds, loansShapoorji Pallonji Group is nearing the closure of a ₹25,400 crore debt raise by May 15, featuring annual coupons around 18.75%. This fundr...
Shapoorji Pallonji Group secures $3.4 billion in private credit dealShapoorji Pallonji Group has secured $3.4 billion in financing through a private credit deal, marking the largest of its kind in India. The...
Edelweiss ARC exits Adhunik as Davidson Kempner takes controlEdelweiss, which had acquired Adhunik via the insolvency resolution route, had been gradually monetising its exposure through asset sales a...
India's Shapoorji Pallonji draws strong interest for debt sale: ReportsIndia's Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its fundin...
Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parentVedanta Semiconductors, a wholly owned subsidiary of Vedanta, raised Rs 1,804 crore in debt from private creditors such as Varde Partners a...
Shapoorji Pallonji Group seeks up to $2.4 billion from lendersThe group, controlled by Indian billionaire Shapoor Mistry, has reached out to Power Finance for up to 150 billion rupees, the largest chun...
Davidson Kempner books profit of up to 70% on Adani bondsThe investment firm spent about $500 million on the notes of companies including Adani Green Energy Ltd. immediately after Hindenburg publi...
Ranjan Pai cuts Rs 1,400 crore cheque for Davidson Kempner debt, books Aakash seatsIn May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Ins...
Ranjan Pai rides to Byju’s rescue; Ten IT firms to secure PLI nod soonManipal Group boss Ranjan Pai has pumped Rs 1,400 crore into Bjyu’s subsidiary Aakash Institute, enabling the embattled edtech major to cle...
Byju’s taps private equity funds to prepare for Aakash saleBain, KKR and Carlyle keen on control, open to backing ex-CEO Chaudhry and Ranjan Pai as anchor investor; Byju’s parent denies sale plans
Byju's interest cost on term loan may jump by $50-60 million a year under new termsEdtech firm Byju's may have to pay an additional $50-60 million annually in interest on its $1.2 billion term-loan facility as part of new ...
Byju’s, Davidson Kempner in talks to settle disputeByju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan coven...
Davidson Kempner begins rejig of Aakash boardThe hedge fund is inducting at least four new independent and nominee directors in the test-prep subsidiary of Byju’s parent Think & Learn,...
Board rejig at Aakash; govt tables data bill in Lok Sabha; and Zomato delivers maiden profitHappy Friday! US hedge fund Davidson Kempner has started reconstituting the board of Byju’s crown jewel, Aakash Educational Services Ltd (A...
Davidson Kempner sends legal notice to Byju's arm Aakash for loan covenant breachIn the legal notice which was sent to the company last week, Davidson Kempner said it reserves the right to invoke Aakash’s pledged shares ...
Byju’s yet to receive entire Rs 2,000 crore from Davidson KempnerThink and Learn, the parent entity of Byju’s, had raised Rs 2,000 crore as a three-year loan facility from Davidson Kempner in a structured...
Byju's raises debt of Rs2K cr linked to future Aakash IPOByju's has raised a ₹2,000-crore structured credit transaction from Davidson Kempner Capital. The transaction is a three-year loan facility...
Byju’s raises debt of Rs 2,000 crore linked to future Aakash IPOThe transaction, which closed on Friday, is a three-year tenor loan facility with an equity upside linked to Aakash’s planned public listin...
Alpha Bank picks Davidson Kempner as preferred bidder for $12 billion bad loansReuters had exclusively reported on Friday that Alpha Bank had selected Davison Kempner European Partners as the preferred bidder for the G...