About 67 pc of FCCB due this fiscal likely to default: ReportAbout 67 pc of $1.51 billion-worth FCCB that are due for redemption in this fiscal may default or restructure by majority of issuers.
11 Nov, 2012, 11.11 AM IST
- Suzlon's FCCB Default: September quarter numbers may be disappointing
Another immediate concern for investors of the company is Suzlon Energy's dismal financial performance in the absence of adequate working c...
12 Oct, 2012, 06.00 AM IST
- Suzlon's FCCB default: Company can buy more time to arrange funds, but analysts advise exit
Suzlon's announcement that it may not be able to repay FCCBs worth over $200 million sent its stock price crashing by more than 5% intra-da...
12 Oct, 2012, 06.00 AM IST
- Lenders consider Suzlon Energy's debt recast after it's FCCB rollover failure
On Thursday, Suzlon Energy said that bondholders have disagreed to rollover $220 FCCB for four months.
11 Oct, 2012, 06.43 PM IST
- Suzlon repays $360 million FCCB
Suzlon Energy on Friday said that it has redeemed foreign currency convertible bonds liability worth $360 million by repaying in cash.
27 Jul, 2012, 07.08 PM IST
- Suzlon Energy may get 45-day breather on FCCB repayment
Suzlon has sought the extension from bondholders to repay FCCBs maturing on June 12 while it's trying to raise as much as $300 million.
12 Jun, 2012, 04.21 AM IST
- Suzlon Energy, strong growth ahead, but huge debt a deterrent
Suzlon Energy has managed to secure orders & amass a huge order backlog at a time when others in the industry are struggling to win new ord...
30 May, 2012, 08.30 PM IST
- Rupee fall to increase FCCB repayment burden: Firstsource CEO
Every one Re 1 fall against the dollar will increase the FCCB loan burden on back office firm Firstsource Solutions by $ 3 million, its CEO...
16 May, 2012, 03.42 PM IST
- Fitch sees 20% of $7-bn FCCB redemptions failing this year
The report says of the 31 corporates in the 'likely to redeem' category, five are better-placed to redeem their FCCBs using a financing opt...
24 Feb, 2012, 10.40 PM IST
- Nearly 20% of $7-billion foreign currency convertible bonds face default risk this year, says Fitch
Nearly 20% of the $7-bn FCCBs face default risk this year as investors demand funds back due to languishing stock prices.
23 Feb, 2012, 10.36 AM IST
Fortis Healthcare hit by governance issues; share down 25% since intra-group dealAt $665 million, the listed Indian entity is paying $115 million, or 20%, more to buy the unlisted overseas healthcare business owned by it...
12 Dec, 2011, 10.28 AM IST
- How FCCBs can change fortunes
FCCBs look irresistible & a cheap source of fin in a bull market. But when chips are down, a non-conversion can reverse the fortunes.
21 Jul, 2011, 01.49 AM IST
- India Inc looks at China as FCCB crisis looms large
Indian companies have begun exploring possibility of getting cheaper loans from China to meet their other costlier foreign borrowing obliga...
27 Jun, 2011, 04.50 PM IST
- India Inc overseas borrowing down 9 pc to $2.35 bn in November
Overseas borrowing by India Inc declined by 9 per cent in November to $2.35 bn compared to the previous month.
23 Dec, 2009, 07.22 PM IST
- India Inc overseas borrowing increases 65 pc in May
Overseas borrowings by India Inc increased by 65 per cent to $494 million in May compared to the previous month.
22 Jun, 2009, 08.03 PM IST
- R-Comm raises $1b via jumbo FCCB issue
Reliance Communications (RCL) has raised $1 billion through foreign currency convertible bonds (FCCBs) in the largest-ever FCCB issue from ...
06 Feb, 2007, 04.43 AM IST
- India Inc's overseas fund raise to $17bn in FY06
Domestic corporates have raised over $17 billion from the overseas debt and capital markets in FY06, a record issuance on the back of compe...
09 Jun, 2006, 12.00 AM IST