Creditors increase pressure on Wockhardt
… nutrition business divestment deal that it had announced in July due to objections raised by holders of its foreign currency convertible bonds (FCCBs). …
Sakthi Sugars to consider conversion of FCCBs on Mar 13, 2010
… 2010, for the purpose of issue and allotment of equity shares in the capital of the [...]
New Hybrid Bonds Gain Favor
Lloyds’ own variation, called a “contingent convertible,” or CoCo bond, was designed to convert to equity if the bank hit certain stress levels. Global policy makers, including those at the U.K.’s Bank of England, have suggested that such instruments could make the … India and China – the so-called BRIC countries [...]
The numbers don’t lie. But beware of one of the oldest mistakes investors make. Investing this year and next year in last year’s winner is usually a very bad [...]
Despite uncertain market conditions, some holders of foreign currency convertible bonds (FCCBs) have exercised their option to convert bond holdings [...]
… raised about $4.7 billion (Rs 21620 crore) in the current financial year through American Depository Receipts, Foreign Currency Convertible Bonds etc. [...]
Indian-focused mining group Vedanta priced $805 million of convertible bonds on Wednesday — $30 million more than [...]
Men daubed in colours celebrate the re-enactment of a local tradition of “Lathmar Holi”, also known as the festival of colours, celebrated at Nandgaon village near the northern Indian city of [...]
Convertible bond issuance is expected to recover from a 12-year low as companies look for cheap ways to fund acquisitions and bolster their balance [...]
India’s Ministry of Finance last week amended the rules relating to foreign currency convertible bonds bringing the pricing norms in line with that for [...]
Mahindra & Mahindra Ltd., India’s biggest maker of sport-utility vehicles and tractors, may borrow overseas for the first time in four [...]