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Foreign Currency Convertible Bonds

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Debt burden of 47 companies to rise as rupee sinks

The rupee’s fall is likely to put company promoters who raised money through foreign currency convertible bonds (FCCBs) in a spot. According to Bloomberg data, there are 47 companies with......

Can Suzlon ride out the storm?

Last week, Suzlon Energy defaulted on $221 million worth of foreign currency convertible bonds (FCCBs) - the biggest ever default by an Indian company - as bondholders refused to grant four......

RBI may allow costlier FCCBs for pre-payment

Facing huge redemption pressure on funds raised via foreign currency convertible bonds (FCCBs), India Inc has requested the Reserve Bank of India (RBI) to allow companies to offer higher interest......

United Spirits bites FCCB bullet

United Spirits Ltd (USL), flagship spirits company of the UB Group, has finally decided on foreign currency convertible bonds (FCCBs) to raise as much as $225 million (Rs 1,190 crore). The plan is......

India Inc raises over $2 bn abroad in April

India Inc raised around $2.06 billion abroad in April through external commercial borrowings and foreign currency convertible bonds, compared with $5.63 billion in March, according to data......
  Web results for Foreign Currency Convertible Bonds
Sensex Finishes Firm; Automobile Stocks Fall on SC Verdict

Posted by Equitymaster Indian share markets finished the trading day on a positive note. At the closing bell, the BSE Sensex closed higher by 122... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/OgIqRSQzUQM/tm.asp
JSW Steel hires intermediaries for investor meetings

JSW Steel today said it has appointed intermediaries for organising investor meeting with regard to raising up to USD 750 million (around Rs 4,871... ...

http://www.business-standard.com/article/pti-stories/jsw-steel-hires-intermediaries-for-investor-meetings-117032900440_1.html
Tata Motors plans to raise Rs 500 crore via NCDs

Home-grown auto major Tata Motors today said it would consider raising Rs 500 crore by issuing non-convertible debentures (NCDs) and will hold a... ...

http://www.business-standard.com/article/pti-stories/tata-motors-plans-to-raise-rs-500-crore-via-ncds-117032000588_1.html
Jain Irrigation to raise USD 75 mn via FCCBs

Jain Irrigation Systems plans to raise up to USD 75 million through foreign currency convertible bonds (FCCBs) mainly for redemption of existing... ...

http://www.business-standard.com/article/pti-stories/jain-irrigation-to-raise-usd-75-mn-via-fccbs-117022500604_1.html
China picks 11 companies for foreign currency bond sales scheme

Last year, the National Development and Reform Commission (NDRC) picked 21 companies for the scheme, as the government encouraged state firms to... ...

http://www.dnaindia.com/money/report-china-picks-11-companies-for-foreign-currency-bond-sales-scheme-2322490

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