AXIS bank
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A $500m borrowing by Indian lender HDFC Bank has attracted four participants during general syndication. Allocations have emerged for the deal, which was signed in September. -
India’s Piramal Enterprises is in the market with an unusual sale of mandatory convertible bonds through a qualified institutional placement, part of a fundraising drive to that could fetch up to Rp70bn ($1.1bn).
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Canara Bank raised an additional $200m after tapping an outstanding bond on Wednesday, bringing the total size of its August 2022 note to $600m.
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India’s Canara Bank opened a tap on its existing 2022s on Wednesday, looking to add to the $400m deal.
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The final allocations are out for a $295m multi-tranche facility for Aster DM Healthcare. The loan, which contains tranches with tenors of up to 10 years, attracted a mix of Middle Eastern and Indian banks.
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Reliance Industries’ telecommunication arm Reliance Jio Infocomm is in talks with banks to refinance a two-tranche loan raised in late 2014.
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Nearly three months without Masala bond issuance has left investors hungry. But Indian Renewable Energy Development Agency gave investors something healthy to chew on this week — using the structure to sell a Rp19.5bn ($297m) green bond.
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The head of credit for Axis Bank in Hong Kong has resigned and will be joining financial services firm Cantor Fitzgerald in October, sources told GlobalCapital Asia.
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CMS Info Systems plans to raise about Rp12bn ($184m) from its India IPO and could open books before the end of the year, said bankers on the deal.
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Indian Renewable Energy Development Agency (Ireda) launched its long anticipated green Masala bond on Thursday, just days after the country’s regulators re-opened the tap for offshore rupee issuance.
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Dubai healthcare group Aster DM Healthcare has signed a $295m facility with nine banks, despite concerns that its operations in Qatar would complicate syndication of the debt.
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ICICI Lombard General Insurance Co closed books for its IPO on Tuesday, with the Rp57bn ($886.4m) trade more than 250% subscribed.
