Sajjan-Jindal-led JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, including Blackrock Inc, Nomura, Wellington Management Company, GQGPartners, UBS Group, and Abu Dhabi Investment Authority (ADIA), the company said in a late regulatory filing on Friday. The proceeds from the QIP will be used to pare debt and also invest … Read more
ET Intelligence Group: Integrated marketing services provider RK Swamy plans to raise up to ₹423.5 crore through an initial public offering (IPO). This includes a fresh issue of ₹173 crore and an offer for sale (OFS) of ₹250.5 crore. Promoters Srinivasan K Swamy and Narasimhan Krishnaswamy and investors such as Evanston Pioneer Fund LP and … Read more
Mumbai: IRB Infrastructure, backed by Singapore’s GIC, is exploring the overseas bond market to raise $300 million, mainly to refinance the earlier bonds. The company is in talks with Barclays, Deutsche Bank and JP Morgan to give the fundraising mandate. Proceeds will be used to refinance the earlier bond raised in 2021. Back then, IRB … Read more
