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Creating a New Foreign Policy Agenda for Africa-U S Engagement, By Yemi Osinbajo
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India Digest: BLinC Invest floats new fund; Northern Arc raises debt from Kotak
Photo: Pixabay
April 20, 2021
Venture capital firm BLinC Invest Monday announced the launch of a Rs 100-crore ($13.5-million) SEBI registered Category-II Alternative Investment Fund (AIF). Separately, Northern Arc has raised Rs 40 crore in debt financing from Kotak Mahindra Bank.
BLinC Invest floats $13.5m fund
Mumbai-headquartered venture capital firm BLinC Invest Monday announced the launch of a $13.5-million (Rs100 crore) SEBI registered Category-II Alternative Investment Fund (AIF).
In a statement, the firm said that it has marked the first close of the fund at Rs30 crore, and expects to achieve its final close by the end of this year.
By Oliver West
18 Apr 2021
Puerta de Hierro, a toll road project in Colombia’s Caribbean region, will begin investor calls on Monday as it looks to sell an inflation-linked Colombian peso-denominated social bond that has a double-A credit rating thanks to a guarantee from the US International Development Finance Corporation (DFC).
BTG Pactual and
Santander are joint bookrunners on the proposed 144A/Reg S Ps760bn ($211m) senior secured bond, which will be indexed to the UVR (Unidad de Valor Real), Colombia’s inflation-linked unit. The bonds will mature in 2045 but will have a weighted average life of 15.8 years.Proceeds