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Category: India

India’s Nuvoco Vistas, CarTrade near IPOs

Cement producer Nuvoco Vistas Corp is aiming to raise Rp50.9bn ($686.2m) from its listing of primary and secondary shares in India.

India targets $260m from NMDC sell-down

India’s Ministry of Steel has kicked off a two-day sale of its shares in National Mineral Development Corp, eyeing at least Rp19.3bn ($260m) in proceeds.

OVL goes wide for $500m loan

ONGC Videsh, the overseas subsidiary of Indian state-owned Oil and Natural Gas Corp, has launched a $500m loan into general syndication. It is targeting a broad group of lenders for the fundraising, owing to lending

Tata Steel drills for fresh funds

Indian company Tata Steel has returned to the loan market. It is in talks with banks for a £200m ($276m) financing to support its UK business.

IOC mandates three for $500m

Indian Oil Corp has mandated three banks for its $500m loan return, after inviting firms to bid for the transaction last month.

Summit Digitel sparks interest with maiden bond

Indian telecommunications company Summit Digitel Infrastructure made its debut in the dollar market this week, appealing to investors in the US and Europe that were keen to buy highly rated notes.

Adani Wilmar, Nykaa ready Indian listings

Indian agribusiness company Adani Wilmar has filed draft documents with the securities regulator for a Rp45bn ($605.6m) IPO.

REC powers up $600m loan with five

Indian power finance company REC, formerly known as Rural Electrification Corp, has mandated five banks for a $600m loan.

Varsity Closes Fifth Probo Add-On

Probo Medical, a portfolio company of Varsity Healthcare Partners since October 2018, has acquired IMAX Medical. IMAX specializes in the sale, purchase, inspection, installation/de-installation, and transport of pre-owned medical diagnostic imaging equipment including ultrasound, X-Ray,

AMB :- Opalesque Exclusive: Arion Investment Management launches multi-strategy commodity fund platform

Bailey McCann, Opalesque New York for New Managers: Arion Investment Management, a London based commodity specialist, has launched a new multi-strategy commodity fund platform. Arion Alpha Strategies SPC includes five st...Article Link

Opalesque Exclusive: Arion Investment Management launches multi-strategy commodity fund platform

Bailey McCann, Opalesque New York for New Managers: Arion Investment Management, a London based commodity specialist, has launched a new multi-strategy commodity fund platform. Arion Alpha Strategies SPC includes five strategies representing the full...Article Link

Praesidian Names New Partner

Praesidian Capital has added a new partner to its investment team with the promotion of Tom Duffy. At Praesidian, Mr. Duffy has been active sourcing new investments, conducting due diligence, structuring and executing transactions, and

Birch Hill Carves Specialty Chemical Biz from Superior

Publicly traded Superior Plus has agreed to sell its specialty chemicals business to Birch Hill Equity Partners for a total consideration of C$725 million. Superior Plus (TSX: SPB) is a distributor and retailer of propane

Barclay CTA Index dips .02% in January

Opalesque Industry Update - CTAs were unable to extend their two-month winning streak into the New Year as January performance dipped 0.02% for the month according to the Barclay CTA Index compiled by BarclayHedge, a

Warburg Pincus sells Bharti Airtel TV arm stake back to parent in $429m deal

Warburg Pincus has sold its 20% stake in the direct-to-home TV unit of Indian telecoms giant Bharti Airtel in a $429m deal.

Bankers pin hopes on more ESG dollar bonds from India

India’s well-established renewable energy companies have long been known for selling green bonds, but this week showed that new issuers are ready to join the fray — not just with green deals, but also with

Former interim FCA boss Chris Woolard joins EY

The executive will lead the firm’s Europe, Middle East, India & Africa financial services regulatory business and will chair the firm’s global financial services regulatory network

Former interim FCA boss Chris Woolard joins EY

The executive will lead the firm’s Europe, Middle East, India & Africa financial services regulatory business and will chair the firm’s global financial services regulatory network

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