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So its prudent to withdraw the current application, he added.The refinancing will extend the repayment timeline to five years -- versus the repayment of the remaining TLB due in 2026 -- the source said.The bond issuance would significantly lower the current effective interest rate of 14 per cent on its existing USD 450 million Term Loan B TLB facility.The refinancing is expected to result in annual interest savings of USD 8-10 million Rs 66.4-83 crore in the first year, after accounting for the costs associated with the bond issuance.
GP Eco Solutions India Limited GPES is planning to raise as much as Rs 35 crore through an Initial Public Offering IPO which is expected to hit the markers by month-end, its CEO Deepak Pandey said on Thursday.The proceeds will be utilised to fuel the companys expansion plans and support working capital requirements, he said in a media interaction here.The proposed IPO will comprise a fresh issuance of 32.76 lakh equity shares with a face value of Rs 10 each.
Anand Rathi, has come out with its report on Indegene Ltd. The research firm has recommended to “ Subscribe ” the ipo in its research report as on May 04 2024.
Emerging markets-focused private equity firm Affirma Capital has tweaked its plan to partially harvest its investment in an India portfolio company after already taking out almost thrice the amount it ......
Police have found a man’s body in the waters outside of Sydney Harbour as they search for a cruise ship passenger who went overboard in the early hours of...
The Korea Exchange (KRX), the country’s sole bourse operator, is facing complaints from companies that want to go public as it keeps delaying the process required to determine whether companies qualify.
KR Choksey, has come out with its report on Indegene Ltd. The research firm has recommended to “ Subscribe ” the ipo in its research report as on May 06 2024.
The Ahmedabad ITAT remitted the issue of granting business volume discount adjustment and geographical difference adjustment for determination of ALP in case of company engaged in the business of...