RInfra to raise $350 mn via overseas bondsReliance Infrastructure plans to raise $350 million through FCCBs to repay debt and start electric power generation businesses.
Anil Ambani's Reliance Infra to raise USD 350 mn FCCB to repay rupee debt, expansionThe company has debt facilities in form of term loans on non-convertible debentures of Rs 2253 crore and Rs 703 crore respectively, accordi...
Delhi HC allows Swamy to withdraw petitionSwamy also said RBI has issued guidelines for licensing and operation of asset reconstruction companies, which must be followed by the latt...
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...
Delhi HC seeks Centre, RBI response on PIL to form panel to probe Yes Bank transfer of stress assets portfolioA bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which did not issue formal notice on the plea, asked the aut...
RBI gives conditional approval to Carlyle and Advent to acquire 9.99% stake each in Yes BankBoth private equity investors will infuse Rs 8,898.4 crore in combination with immediate capital and post-conversion of warrants, the bank ...
Jindal Saw set to acquire Sathavahana Ispat under IBC for Rs 530 croreBillionaire Anil Agarwal-promoted Vedanta Ltd was also in the fray to acquire the stock exchange listed steel maker. In a statement to the ...
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...
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 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...
Eight Capital plans to sell its 35% stake in J.C Flowers ARCEight Capital has identified a buyer for its stake and the proposal on it is pending with the Reserve Bank of India for approval. J. C. Flo...
Jindal Saw likely to acquire Sathavahana Ispat under the IBC routeP R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel company.
JC Flowers ARC emerges top bidder for Sathavahana debt at Rs 410 croreThe consortium of lenders – SBI, Union Bank, IFCI and Canara Bank – had sought bids to sell the loan facilities extended by all of them to ...
YES Bank gets EoIs from JC Flowers, Silver Point; delays Q3 results to March 14YES Bank is in discussions with these investors on the commercial terms, including pricing.
RBI gives nod for three asset reconstruction companiesSpeaking at an event in Bengaluru, RBI governor Raghuram Rajan had said, “We will shortly license a number of new ARCs to provide a deeper ...
- 3 private investors seek to purchase IndyMac
A trio of private investors — J C Flowers & Co, Dune Capital Management and Paulson & Co — have teamed up in an effort to buy failed thrift...
- Northern Rock confirms talks with potential bidders
Virgin Money, Apollo Management LP, Blackstone Group, Lone Star, J.C. Flowers & Co. and Cerberus Capital Management LP are reporterd to be ...