High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
Zee Entertainment cancels $215 million FCCBs after bondholders seek exit amid geopolitical tensionsZee Entertainment has cancelled over $215 million in unutilised foreign currency bonds. The company will also redeem $23.9 million in outst...
Zee board okays Rs 1,997 cr raise via convertible debtOn conversion of FCCBs to equity, Zee will issue 1,240 million fully diluted equity shares of ₹1 each to the FCCB holders at the conversion...
Suzlon Energy announces early redemption of FCCBs worth $35,931,200It stated that the company has redeemed early FCCBs worth USD 35,931,200 due in 2032.
Indiabulls Housing Finance to raise USD 165 mn via FCCBsIndiabulls Housing Finance on Tuesday said it will raise USD 165 million by issuing foreign currency convertible bonds (FCCBs). The decisio...
Steer clear! Top firms sleepless over rupee weakness as FCCBs worth $1b maturingMarket watchers say a sharp drop in the rupee can bring in an extra burden on the companies that had raised funds through FCCBs.
GTL Infrastructure to consider FCCBs conversion to shares tomorrowLoss-making mobile tower firm GTL Infrastructure will consider tomorrow bondholders' request to convert FCCBs worth $48,000 into equity sha...
Promoter seeks to convert $262-mn FCCBs into shares: Essar OilThe company said it has received a notice from promoter company, Essar Energy Holdings seeking conversion of FCCBs aggregating $262 mn into...
- FCCBs of 17 companies unlikely to be redeemed on time in FY13: Report
As many as 17 of 23 companies, holding FCCBs worth $ 1.51 billion maturing by March 2013, are unlikely to redeem them on time.
- Corporates given one more year to pre-pay foreign loans
The pre-payment of FCCBs "shall come into force with immediate effect and the entire process of buyback shall be completed before March 31,...
- Rolta India redeems FCCB worth $ 134.7 mn
IT firm Rolta India has redeemed its outstanding Foreign Currency Convertible Bonds (FCCBs), aggregating $ 134.7 million (about Rs 765.40 c...
- Gati raises $22-m debt to redeem existing FCCBs
Gati raised $22.18 million through a fresh issue of FCCBs to refinance the existing FCCBs of $22 mn that were due for redemption on Dec 6, ...
- Aurobindo Pharma pays $139 mn for redemption of outstanding FCCBs; stock up
Aurobindo Pharma today said it has paid USD 139.2 million (over Rs 600 crore) for the redemption of outstanding overseas bonds issued in 20...
- Mahindra advances FCCBs conversion period to 2010
Auto major Mahindra & Mahindra (M&M) on Friday said it has advanced the period for redeeming the outstanding Foreign Currency Convertible B...
- Tata Power raises FCCBs worth $300 mn
Tata Power on Saturday said it has raised $300 million (Rs 1,396.5 crore) by issuing foreign currency convertible bonds (FCCBs).
- Educomp Solutions raises Rs 113 cr through FCCBs
Educomp Solutions Ltd, an e-learning solutions provider on Monday said it has raised Rs 113.43 crore ($25 million) through the issue of FCC...
- FCCBs back in favour with Indian firms
FCCBs are back in vogue. Following the recovery of stock markets and realistic premium rate expectations by companies, FCCBs seem to have r...