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...
21 Mar, 2025, 06.51 PM IST
Shapoorji gets binding bids for biggest India private debt dealShapoorji Pallonji Group is set to raise up to $3.3 billion through local currency bonds, in what's anticipated to be the country's largest...
18 Mar, 2025, 03.41 PM IST
Record $3.3 billion private debt deal nears for ShapoorjiIndia’s Shapoorji Pallonji Group is in advanced talks with global private credit funds like Cerberus and Varde to raise $3.3 billion in a s...
13 Feb, 2025, 06.44 PM IST
Indian startup Yotta Data seeks $500 million private credit to expandIndian data center firm Yotta Data Services is seeking to raise approximately $500 million from private credit funds like Oaktree, Cerberus...
18 Dec, 2024, 05.30 PM IST
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...
21 Mar, 2024, 10.40 AM IST
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...
11 Nov, 2023, 11.34 AM IST
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
20 Oct, 2023, 06.00 AM IST
Byju's to hold board meeting to approve delayed FY22 financialsByju's is at least 12 months behind the statutory due date to file its FY22 financial results with the Registrar of Companies. The delay ha...
30 Sep, 2023, 11.07 PM IST
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 ...
09 Aug, 2023, 04.30 PM IST
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...
08 Aug, 2023, 06.00 AM IST
Byju’s lenders accused of using bogus loan-default claimsThe distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...
05 Aug, 2023, 09.24 AM IST
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 ...
02 Aug, 2023, 10.39 AM IST
Foreigners flock to snap up 18.75% yield on Pallonji group company's low-grade bondIndian companies experienced the largest influx of foreign investment in their bonds in five years as the country’s largest-ever low-grade ...
01 Jul, 2023, 09.32 AM IST
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...
28 Jun, 2023, 10.02 PM IST
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...
13 May, 2023, 09.54 AM IST
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...
13 May, 2023, 12.03 AM IST
Foreign lenders question Ruia's motive to pay backThe lenders questioned the group’s motive to pay back their money while threatening “all possible steps” including legal action if they are...
08 Nov, 2016, 11.26 PM IST