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JC FLOWERS ARC
JC Flowers likely to get Saraswat Bank's Rs 228-cr stressed loans, no other bidderThe 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowe...- JC Flowers ARC gets two bids for Rs 3,903 crore of bad loansJC Flowers Asset Reconstruction Company received bids for two bad loan blocks totaling ₹3,900 crore. CFM ARC bid ₹78 crore for Carnival Cin...
- NCLT rejects JC Flowers’ claim against HDIL, says collateral alone doesn’t meet IBC standardsThe NCLT dismissed JC Flowers ARC Pvt Ltd's liability claim against HDIL, ruling the debt was not a 'financial debt' under the IBC at the t...
- ACRE submits Anchor bid to buy 5 Zee Group accountsAssets Care & Reconstruction Enterprise (ACRE) has made a bid to buy five non-performing loans related to Zee Group from JC Flowers ARC. Th...
- Reliance Power and its parent entity actively settling dues with lendersReliance Infrastructure and JC Flowers ARC had entered into a standstill agreement, according to notice issued to the exchanges on January ...
- JC Flower ARC, Prudent submit bids for two NPAs of Yes BankIn the initial bidding process, Prudent ARC made an offer of ₹165.6 crore for Katerra India, while JC Flower ARC proposed ₹133 crore for In...
- JC Flowers ARC, Acre, Edelweiss among bidders for Yes Bank's ₹4,200-cr NPA pileThe corporate portfolio includes eight accounts that turned non-performing after 2019. These include Prometheon Enterprises with a debt of ...
- Yes Bank acquires additional stake in JC Flowers ARC, reinstates to 9.9%On November 28, 2022, the bank had acquired 9.9% of the equity share capital of JC Flower ARC, which fell to 5.01% as a result of certain c...
- Yes Bank assigns Rs 48,000 cr stressed asset loan portfolio to JC Flowers ARCThe bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the Swiss Challenge process...
- JC Flowers to buy Eight Capital's residual stake in ARC subsidiaryEight Capital, a Ravi Chachra-owned fund that invests in distressed assets, has already sold 22% in the ARC to the US private equity firm f...
- Yes Bank okays sale of $6 billion stressed debt to JC Flowers“The Swiss Challenge process has now concluded and the Bank not having received any Challenger Bids to the Base Bid, the Board of Directors...
- Sale of Yes Bank’s bad loans to take off soonJC Flowers ARC won the non-performing loan portfolio in an uncontested Swiss auction for Rs 11,183 crore, after Cerberus Capital and Asset ...
- Cerberus-Arcil out of race to buy Yes loansYes Bank will soon declare JC Flowers ARC as the winner and will transfer its distressed loans to the firm, making it a virtually zero bad ...
- Cerberus offers to buy ARCION ARC to be eligible bidder for Yes Bank's NPA poolCerberus Capital lost out to global private equity fund J.C. Flowers & Co as an anchor bidder for Yes Bank's stressed portfolio as it did n...
- Cerberus ties up with ARCION for Yes Bank's NPAsDespite a higher offer, Cerberus lost out as it does not own an ARC- unlike JC Flowers, which operates an ARC. In order to place itself on ...
- ARCIL, Ceberus in partnership with Arcion ARC submits EoI for Yes Bank's NPA poolARCION ARC’s bid is in partnership with Cerberus Capital, a strong contender for Yes Bank’s portfolio. JC Flowers ARC and Cerberus were the...
- Yes Bank to partner JC Flowers ARC to sell Rs 48k-crore bad loans"The bank has signed a binding term sheet with JC ARC LLC and JC Flowers Asset Reconstruction Private Ltd for strategic partnership in rela...
- YES Bank picks JC Flowers ARC as base bidder for stressed loan portfolio; stock down 1%In a BSE filing, the lender said: "Pursuant to the enabling approval of the Board of Directors on May 06, 2022, and the final approval from...
- Yes Bank picks JC Flowers ARC as JV partner to offload distressed loans worth Rs 48,000 crPrivate lender Yes Bank has signed a term sheet with JC Flowers Asset Reconstruction (ARC) for the sale of identified stressed loans of the...
- Yes Bank picks JC Flowers ARC as JV partner to offload distressed loans worth Rs 51,000 croreYes Bank invited bids for its distressed loans portfolio, amounting to ₹51,000 crore, soon after the Reserve Bank of India in March 2021 re...
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