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...
22 Apr, 2025, 05.55 AM IST
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
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...
17 May, 2024, 11.53 AM 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
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...
15 Feb, 2024, 12.29 PM 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
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...
10 Nov, 2023, 08.03 PM 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 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
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,...
04 Aug, 2023, 01.39 PM IST
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...
04 Aug, 2023, 08.18 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
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
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...
23 Nov, 2020, 03.10 PM IST