Billionaire Agarwal’s Vedanta tests India junk bond demandAccording to a preliminary offering circular dated Aug. 11, Vedanta Resources has received commitments from lenders for up to $1.75 billion.
17 Aug, 2020, 02.42 PM IST
Yields could fall up to 15 bps in short term, bond street awaits RBI policyWhen bond yields dip, prices of the instruments rise.
03 Feb, 2020, 07.59 AM IST
Lodha to raise $225 million via offshore bondsJP Morgan is the lone banker for now helping the company raising the money.
21 Jan, 2020, 09.33 PM IST
Trump Tower builder in Mumbai dumps luxury for cheap homes as India slowsMacrotech Developers, earlier known as Lodha Developers, is also looking to increase contributions from so-called affordable housing to abo...
22 Oct, 2019, 10.00 AM IST
Carry bets may go awry as rupee becomes Asia's worst performerThe surge in inbound investments into rupee bonds was largely driven by carry trades.
14 Aug, 2019, 10.38 AM IST
First overseas debt bond sale is failingThe fear is that India may tread the well-worn paths of other developing countries.
13 Aug, 2019, 04.54 PM IST
Surge in Lodha’s bond yield hints at stress in the groupDollar-denominated bonds issued by the developer are quoted at 72 per cent YTM.
01 Aug, 2019, 10.07 AM IST
No. 1 developer sees India cash crunch toppling weaker peersSmaller developers have already been struggling amid a slump in apartment sales and prices over the past two yrs.
14 Dec, 2018, 08.12 PM IST
Lodha $ bond yield surges in shallow marketA fall in bond prices may also reflect low liquidity condition or lack of depth in the market.
27 Nov, 2018, 09.36 AM IST
Lodha Group arm raises $125 million through bond issueThe company has now raised an incremental $125 million through issue of bonds with same maturity date, taking the total size to $325 millio...
28 Nov, 2017, 04.41 PM IST
Is Lodha Developers adding to bond investor woes?The last secondary market trade, which happened on May 3 this year, yielded 13% versus 11.43% on June 10 last year, show data from Bloomber...
15 Jun, 2016, 08.10 PM IST
Rs 8,000-crore realty major Lodha to realign business under scionsAccording to analysts, the group’s decision to buy two properties in London has seen debt levels going up while there is no immediate visib...
14 Jul, 2015, 01.08 PM IST
SBI plans second dollar bond sale to raise $1.5 billion before expected rate hike by US Federal ReserveSBI plans to launch dollar bond sale of the fiscal year to raise $1.5 billion to utilise the window available to borrow at a lower cost bef...
22 Jun, 2015, 07.19 AM IST
After Rolta downgrade, junk bond investors seek more protectionThe rating company said that due to higher working capital requirements, Rolta's leverage and free cash flow (FCF) will be worse.
15 May, 2015, 01.56 PM IST
Junk bonds: Domestic companies provide highest investor protection, says Moody'sInternational rating agency Moody's today said the recent international junk bond sales by domestic companies offer the best protection to ...
08 May, 2015, 08.37 PM IST
Indian companies offering high yields may find few takersIndian cos offering high yields while borrowing overseas may find few takers after such bonds issued by software company Rolta tumbled .
20 Apr, 2015, 10.30 PM IST
Lodha Group raises Rs 540 crore from Kotak Realty Fund via private placement of NCDsThe issue was concluded just before the developer’s $350 million offshore bond sale, expected to end this week.
12 Mar, 2015, 09.52 AM IST