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LTV COVENANT
SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
Shapoorji Pallonji to close Rs 25,400 crore financing by mid-MayShapoorji Pallonji Group is set to raise about Rs 25,400 crore by May 15. This funding will be used to refinance existing debt. The group i...
SP Group to raise Rs 25,400 crore via bonds, loansShapoorji Pallonji Group is nearing the closure of a ₹25,400 crore debt raise by May 15, featuring annual coupons around 18.75%. This fundr...
Shapoorji Pallonji seeks bondholder nod for LTV relief on earlier NCDsIn light of recent geopolitical unrest, the Shapoorji Pallonji Group is reaching out to bondholders for consent to adjust a crucial loan-to...
RBI gives Shapoorji Pallonji Group till June 2028 to meet capital norms for investment armReserve Bank of India provides Shapoorji Pallonji Group a three-year extension. This extension allows them to meet capital adequacy norms f...
Shapoorji Pallonji asks RBI for three-year relief on Sterling Capital rulesShapoorji Pallonji Group seeks a three-year extension from the RBI for its Sterling Investment Corp to meet stricter capital adequacy norms...
Three companies line up $1-billion bond issues overseasTata Group's non-banking arm Tata Capital ($300 million), Prem Watsa-backed IIFL Finance ($300 million) and Anil Agarwal's Vedanta Resource...
Why MPC voted for status quo? Full text of RBI Governor's speechRBI Governor Shaktikanta Das said the central bank would remain “watchful for a durable reduction in inflation to use the available space t...