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SpiceJet to use funds to cut liabilities

The board of SpiceJet Ltd had decided in December to raise over ₹2,250 crore through a preferential issue of shares and warrants. ....

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Byju's raises $250 mn from Davidson Kempner through structured instruments

Moneycontrol reported earlier this week that the edtech firm was looking to raise $1 billion in a mix of equity and structured instruments via US-based asset management companies and Middle East-based sovereign funds. Of the $1 billion, about $300 million would be raised through structured instruments, with the rest coming as equity at a flat $22 billion valuation ....

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