DealCurry: DEBT Deals

Thu, September 09, 2010

DEBT

Oriental Bank To Raise Rs 800 Crore Via Debt
by Deeshesh Chheda | August 31, 2010, 04:46 PM

Oriental Bank of Commerce (OBC) is planning to raise Rs.800 crore through debt instruments to fund its expansion plans.

Innovative perpetual debt instruments (tier one capital) will be issued to raise Rs.300 crore, while tier two capital will be issued to raise Rs.500 crore in the current financial year to support the bank's business plans.

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Visakha Container Gets $8 Mn Debt From IFC For Vizag Terminal
by Deeshesh Chheda | August 27, 2010, 05:18 PM

IFC has provided a loan of $8 Mn to Visakha Container Terminal Private Limited (VCTPL) for its project - Vizag Terminal.

Vizag Terminal is a project that is involved in expansion in cargo handling capacity at the already operational Visakha Container Terminal located at the Visakhapatnam (Vizag) port in Andhra Pradesh state. The total project cost is estimated at $23.3 mn.

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SIDBI To Receive £36 Mn From DFID
by Jarna Gandhi | August 09, 2010, 10:43 AM

SIDBI will get a fresh infusion of £36 Mn from UK’s Department for International Development to fund growth projects in Bihar, Orissa, Uttar Pradesh and Madhya Pradesh.

The fund is expected to be used for developing the skills of rural producers, artisans and will also be used for capacity building of microfinance institutions in North India.

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Ujjivan Raises Rs 45 Cr Via NCDs
by Deeshesh Chheda | August 05, 2010, 12:13 PM

Bangalore-based MFI, Ujjivan has raised Rs.45 Cr ($10 Mn) by way of private placement of NCDs.

The amount raised will be used to fund its credit growth and also for its expansion plans.

Standard Chartered Bank is the sole book runner and lead arranger to the issue and the NCD is listed on BSE.

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Union Bank Of India To Raise $300 Mn Through Bonds
by Deeshesh Chheda | August 04, 2010, 12:36 PM

Union Bank of India is raising $300 Mn (Rs.1,385.1 Cr) through issue of bonds through 5.5 year bonds at 315 basis above comparable US Treasury.

Barclays Capital, Standard Chartered Bank, Citibank, Deutsche Bank and UBS are the arrangers for the issue.

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SBI Raises $1 Bn From Overseas Market Through Bond Issue

Deepak Fertisers Raises Rs 50 Cr Through NCDs

JSW Energy To Raise Rs 13,500 Cr Debt For Power Projects

Shiv Vani Oil To Raise $75 Mn Through FCCBs

ICICI Bank To Raise $500 Mn Via Bonds

Latest DealCurry Notes

Symphony Service Acquires US Based CoreObjects Software

September 09, 2010, 04:05 PM | Deeshesh Chheda

Bangalore-based Symphony Service Corporation has acquired CoreObjects Software Inc, a Los Angeles-based new product development services provider, that specialises in bringing commercially deployable products to market.

With CoreObjects’ engineering delivery centers in Bangalore and Pune, India and its team of highly skilled full-time product engineers and deep vertical market expertise, Symphony Services will expand its offerings in the product development and embedded product development space.

This acquisition also provides Symphony Services access to additional re-usable components and frameworks for product development, including CoreObjects' Smart Objects suite of software assets designed to speed clients' products to market.

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M&A

»	French BPO Accelya To Buy Stake In Kale Consultants
»	Royal Orchid Increases Its Stake In Amartara Hospitality To 74%
»	Swiss Re To Exit TTK Healthcare TPA
»	KEC International To Acquire SAE Towers For $95 Mn

PRIVATE EQUITY

»	India Alternatives Invests In Frameboxx, IIFM JV
»	Actis, Sequoia Plan Stake Sale In Paras Pharma For $700 Mn
»	PE Fund SIDOFI Communication To Buy 10% In Asianet
»	Clearwater Capital Acquires 9.99% Stake in Oricon Enterprises

VENTURE CAPITAL

»	Times Internet Invests $4 Mn In Online Content Network InstaMedia
»	Lok Capital, Aavishkaar Invest Rs 17.5 Cr In Pune MFI Suryoday
»	Aavishkaar Partially Exits Servals Automation, Shree Kamdhenu
»	Vriti Infocom Raises Series-B Funding From JAFCO Asia, Intel Capital

I.P.O. / OFFERINGS

»	Ind-Swift Lab To Raise Rs 5oo Cr
»	Shilpi Cable Files DRHP To Raise Rs 56 Cr Via IPO
»	Murli Industries To Raise Rs 1000 Cr To Fund Its Projects
»	Reliance MediaWorks To Raise Rs 500 Cr Via QIP