The Board of Coforge has approved allotment of up to 3400 Unsecured, Listed, Rated, Redeemable Non-Convertible Bonds of face value of Rs 10 lakh (NCB) each aggregating up to Rs 340 crore to identified investors on a private placement basis on terms and conditions as mentioned in the Information Memorandum for the said issue as submitted with the BSE.
The NCBs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE.
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NHPC Ltd has raised Rs 1,500 crore on February 12, 2021 through private placement of secured, redeemable, taxable, non-cumulative, non-convertible 6.86 percent NHPC AC Series Bonds, a BSE filing said.
Sadbhav Infrastructure Project Limited to raise funds of upto Rs. 700 crores through NCDs
Posted On: 2021-02-09 22:32:37 (Time Zone: Arizona, USA)
Sadbhav Infrastructure Project Limited (SIPL or Company) has executed certain Debenture Trust Deeds with the trustee in relation to certain debentures, being Catalyst Trusteeship Limited on 9th February, 2021 to raise upto Rs.700,00,00,000/- (Rupees Seven Hundred Crores only) in various tranches / series on a private placement basis, the details of which are as under:
1. Issuance of up to 5,001 (Five Thousand and One) secured, unrated, unlisted, redeemable, nonconvertible debentures by the Company having face value of ₹10,00,000/- (Rupees Ten Lakhs Only) each, aggregating to ₹500,10,00,000/- (Rupees Five Hundred Crores and Ten Lakhs Only) on a private placement basis in one or more tranches. ( Series A Debentures ).
January 15, 2021
Debt-raise part of financing strategy for acquisition of Embassy TechVillage
Embassy Office Parks REIT (Embassy REIT), on Friday, announced that it has successfully priced and allotted by way of a private placement, ₹2,600 crore or $351 million of rupee-denominated, listed, rated, secured, redeemable, transferable, non-convertible debentures (NCDs) at a 6.40 per cent quarterly coupon. The NCDs will be listed on the Wholesale Debt Market of BSE Limited.
Mike Holland, Chief Executive Officer of Embassy REIT, said, “The strength of our balance sheet and the underlying covenants of our 200 plus occupiers are key advantages for Embassy REIT. The attractive rate at which we have raised this bond and our execution timelines have, once again, demonstrated market confidence in high-quality borrowers like Embassy REIT. We will use the funds raised to refinance a portion of the in-place Embassy TechVillage debt. Post this bond raise, we continue to maintain conservative
On 15 January 2021Embassy Office Parks REIT has successfully priced and allotted by way of a private placement, Rs 2,600 crore or $351 million of rupee-denominated, listed, rated, secured, redeemable, transferable non-convertible debentures (NCDs) at a 6.40% quarterly coupon. The NCDs will be listed on the Wholesale Debt Market of BSE
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