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Jervois secures US$100 million bond offering to fund Idaho Cobalt Operations   Highlights: --Jervois has successfully priced and closed the books on its subsidiary’s offering of senior secured bonds to raise US$100 million, guaranteed by Jervois  --Proceeds from the bond issue will be used to fund construction of Jervois’ Idaho Cobalt Operations (“ICO”) in the United States (“U.S.”) and bring it into production  --Jervois expects to commence commercial concentrate production at ICO from mid-2022  --The bond issue is repayable in mid-2026 and preserves commercial flexibility th...

lnduslnd International Holdings Ltd (IIHL), the promoter company of lnduslnd Bank, has completed its capital raise through a rights issue at an overwhelming premium of 1,400 per cent towards subscription. "This reiterates the confidence of IIHL's global shareholders spread across 34 countries in the decision of IIHL and its subsidiary IndusInd Ltd to redeem the balance 75 per cent of warrants at a price of Rs 1709 per share (a huge premium over the current market price of Rs 1,059) aggregating to Rs 2,021.45 crore," it said in a statement. To support the redemption of warrants, IIHL has decid...

IndusInd Bank promoters complete capital raise through rights issue ANI | Updated: Feb 17, 2021 13:45 IST Port Louis [Mauritius], February 17 (ANI): lnduslnd International Holdings Ltd (IIHL), the promoter company of lnduslnd Bank, has completed its capital raise through a rights issue at an overwhelming premium of 1,400 per cent towards subscription. "This reiterates the confidence of IIHL's global shareholders spread across 34 countries in the decision of IIHL and its subsidiary IndusInd Ltd to redeem the balance 75 per cent of warrants at a price of Rs...