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India
Showing 1 to 10 of 24 results using the term “India”
AirTrunk’s Rumoured USD Bond, Neoclouds and Private Credit Financing
The APAC market is alive with rumours of Blackstone-backed Australian data center operator AirTrunk eyeing a USD bond. Investment bank-led investor meetings have fuelled speculation, with discussions of potential debt structures that, according to sources, have included an unsecured corporate-level...
Published on Jul 31, 2026
Fish & Chips Takeaways and an Indian Unicorn
It would be easy to look at the recent Singapore High Court proceedings surrounding Indian unicorn tech company Udaan as a straight victory for creditors. But viewed through another lens, Udaan looks set to take away the financing it needed, through a scheme involving a shell company aptly named...
Published on Jul 24, 2026
India’s Unicorn Factory: Growth, Cracks, and a Reality Check
India is a unicorn factory, minting billion-dollar startups at a pace matched only by the US and China. The boom rests on strong economic growth, a massive digitizing consumer base and a deep pool of venture capital chasing the next big platform play. Many unicorns, especially in capital-intensive...
Published on Jul 9, 2026
UPDATE 1: India’s Udaan Singapore Holdco Defaults on $120M Convertible Notes Due June 30; Noteholders Reject Company Debt Restructuring Proposal
Wed Jul 01, 2026 05:33 AM ET: Reporting: Malvika Joshi, Bhakti Tambe Indian B2B e-commerce company Udaan’s Singapore holdco Trustroot Internet Pvt. Ltd has defaulted on its $120 million compulsorily convertible notes due on June 30, according a source close to and source familiar with the...
Published on Jul 1, 2026
UPDATE 4: Third Circuit Dismisses Appeal of Byju’s Alpha Contempt Order
Tue Jul 07, 2026 12:41 PM ET: The U.S. Court of Appeals for the Third Circuit issued its June 12 judgment in lieu of a mandate yesterday, July 6, dismissing Camshaft Capital Fund and its founder William Cameron Morton’s appeal of contempt orders entered in the Byju’s Alpha chapter...
Published on Jul 7, 2026
UPDATE 2: Vedanta Resources Considers Par Call For Untendered Due 2030-2033 Bonds As Part of Planned $5.5B Refi Exercise
Fri May 22, 2026 03:56 AM ET: Reporting: Malvika Joshi Vedanta Resources Ltd. or VRL, is considering calling at par any untendered notes from four USD bond tranches due each year 2030-2033 after completing a planned tender offer, as part of its refinancing plan for its entire $5.5 billion debt...
Published on May 22, 2026
SP Group Receives Porteast NCD Holders’ Consent to Reduce Tax Leakage to 14.3% From 17.5%
Reporting: Malvika Joshi, Rocky Andaya Shapoorji Pallonji Group or SP Group, has received consent from holders of its Porteast Investment Pvt. Ltd non covertible debenture, or NCDs, to reduce the tax leakage applied to the gross portfolio value of its 9.185% stake (half of a total 18.4% stake) in...
Published on Mar 12, 2026
John Energy Privately Places INR 2.7B NCDs at Over 20% IRR With RevX, InCred for One-Time Settlement With ICICI Bank, Part-Repayment of SBI Loan
Reporting: Bhakti Tambe Indian onshore drilling company John Energy Ltd. privately placed INR 2.7 billion ($29.7 million) secured, redeemable, senior, unlisted non-convertible debentures, or NCDs, to RevX Special Credit Opportunities Fund – I, InCred Special Opportunities Fund – I, and...
Published on Feb 26, 2026