SP Group offers $3.4 billion NCDs to HNI investors amid market volatilityWealth managers are offering Shapoorji Pallonji Group's $3.4 billion NCDs to high-net-worth individuals, requiring a minimum ₹10 crore inve...
11 Jun, 2025, 05.46 AM IST
SP Group raises $ 3.3 billion through bond issueThe borrowing is against the group's 9.2% stake in Tata Sons held via Sterling Investment, all shares in its real estate company, Shapoorji...
17 May, 2025, 08.02 AM IST
‘Sterling books strong enough to back Shapoorji Pallonji Group’s $3.3 billion fundraise plans’The Shapoorji Pallonji (SP) group is in talks with the RBI to address concerns about Sterling Investment Corporation's financial strength, ...
14 Apr, 2025, 12.57 AM IST
Shapoorji Pallonji ups fundraising target to $3.25 billionAccording to term sheets circulated among potential investors, the fundraising, managed by Deutsche Bank, is structured as a five-year faci...
13 Jan, 2025, 05.31 AM IST
Shapoorji Pallonji Group to kick off $2.6 bn raise this weekShapoorji Pallonji Group is set to initiate a Rs 22,000-crore fundraising effort with alternative asset managers and private credit players...
02 Dec, 2024, 05.00 AM IST
SP Group aims to repay Rs 7,300 cr to Debenture HoldersShapoorji Pallonji Group entity Goswami Infratech is set to repay ₹7,300 crore to debenture holders this week, halving its outstanding debt...
09 Nov, 2024, 12.38 AM IST
Goswami Infratech seeks another extension for Afcons IPO listingShapoorji Pallonji’s Goswami Infratech seeks a two-week extension to list Afcons shares, extending the deadline to November 15, 2024. They ...
17 Oct, 2024, 01.31 PM IST
Goswami Infra seeks waivers related to Afcons IPOIn a communication to bondholders, Goswami Infratech has assured bondholders of ₹14,300-crore NCDs (non-convertible debentures) that it is ...
07 Oct, 2024, 05.59 AM IST
Shapoorji Pallonji Group to merge port holding cosShapoorji Pallonji Group is planning to merge SP Imperial Star and SP Port Maintenance, which hold Dharamtar and Gopalpur Ports. Dharamtar ...
04 Oct, 2024, 11.56 PM IST
Shapoorji Pallonji taps Deutsche Bank, DAM Capital to raise Rs 3,000 crore from private credit fundsShapoorji Pallonji Group aims to raise Rs 3,000 crore via Deutsche Bank and DAM Capital to refinance debt from Ares SSG Capital and Farallo...
05 Jul, 2024, 02.24 PM IST
Yield on SP Co's ₹14,300cr NCDs SurgesGoswami Infratech's NCDs yield surged to 22% due to SP Group's debt raise, linked to SIPL's interest rate, triggering early redemption even...
06 Jun, 2024, 08.57 AM IST
Yield on Goswami Infratech’s Rs. 14,300 Cr NCDs rises from 18.75% to 22%Goswami Infratech issued rupee-denominated zero-coupon NCDs to investors like Deutsche Bank, backed by group-level monetisation events for ...
05 Jun, 2024, 11.03 AM IST
SP Group plans to repay Goswami Infra debt by listing AfconsAs part of its debt repayment strategy, Goswami Infratech has floated a plan to repay debenture holders with ₹7,000 crore, leveraging the m...
04 Mar, 2024, 05.58 AM IST
Shapoorji Pallonji firm faces bond yield spike on asset sale concernsConcerns revolve around the mandatory prepayment clause, including coupon step-ups and utilising proceeds from the monetisation of assets l...
09 Jan, 2024, 06.11 AM IST
Shapoorji Pallonji Group promoters in talks to refinance Rs 18,000 crore of debtThe debt is held by the Mistry family under Sterling Investment Corp. Pvt Ltd (SICPL), which owns a 9.182% stake in Tata Sons. These bonds ...
25 Aug, 2023, 07.55 AM IST
SP Group entity raises ₹14,300 cr in largest issue from a low-rated paperThe funds raised through this issuance will be utilised by the company to refinance upcoming maturities of Cyrus Investment Pvt Ltd debt, p...
28 Jun, 2023, 12.44 AM IST
StanChart, Deutsche lead arrangers for Shapoorji Group co's Rs 14,300-crore bondsGoswami Infratech plans to sell bonds Tuesday. The instrument has a tenor of less than three years, and is rated 'BBB minus' by Care Rating...
27 Jun, 2023, 06.22 AM IST