United Spirits Limited is planning to raise $225 Mn FCCBs by early 2012 in order to reduce cost of debt.
According to filing on BSE, the company plans to issue FCCBs to the extent of $175 Mn with a green show option of up to a further $50 Mn.
Standard Chartered Bank, Rabo Bank and DBS Bank have been appointed as advisors to the issue.
I heard that Calfornia Pension is going to default and I started wondering what could be India's contribution to that.
Caisse de Dépôt et Placement du Québec (CDPQ) has announced an investment of INR1,000 crore ($155 million) to become a minority stakeholder in TVS Logistics Services Ltd.