The bonds have step-up pricing such that the real estate company will pay investors 17.25% for 12 months and 20.25% between 13 and 15 month...

The issue is of base issue size of Rs 75 crores with an option to retain oversubscription up to Rs 225 crores aggregating up to tranche lim...

NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private...

The ruling effectively means that borrowers will no longer be able to unilaterally defer payments to mutual funds.

These three entities are: Rivaaz Trade Ventures, Nufuture Digital (India) and Future Ideas.

In the absence of regulatory forbearance, mutual funds, which act as passthrough vehicles, are disallowed by Sebi to reschedule bonds.

It is expected that debt servicing of the company in relation to the accelerated amounts and otherwise will be delayed, the filing added.

The company said it has defaulted on an NCD payment of Rs 2.38 crore in interest.

The issue has been awarded long-term debt rating of ‘AA/Stable’ for the debentures.

DHFL share closed 0.50 per cent up at Rs 89.95 on BSE.

The NCDs will have an yield per annum ranging from 9.25% to 10%.

IL&FS Group and its companies have defaulted on many debt instruments due to insufficient funds.

Fixed income investors with moderate risk profile may take some exposure in DHFL NCD keeping the risk factors in mind.

Air India may bypass the market to sell the bulk of its Rs 7,400-crore bond issue with LIC and the retirement fund body EPFO.

India Ratings on Wednesday assigned AAA(SO) to Air India proposed Rs7400 crore non-convertible debenture.

Shriram Transport Finance plans to offer NCDs aggregating Rs 500 crore with an option to retain another Rs 500 crore.

Two Malaysia-based contractors have floated India’s first bond issue secured against annuity payments from National Highways Authority of I...