Latest News on FCCB
Showing of 0 - 10 from 9 results
FCCB - Total results - 9
Aug 20, 2015
Amtek Auto, group stocks on crash mode as investors run riot on lingering woesIncluding today's low, Amtek Auto stock has crashed 74 percent in two sessions and 91 percent in the month so far
Dec 26, 2014
India Cements Board approves Rs 500 cr QIP, FCCB issueArray
Dec 16, 2012
Essar Shipping to convert Rs 800 cr of debt into dollar loansEssar Shipping has said that it is planning to convert around Rs 800 crore of total Rs 5,500 crore debt into dollar loans to bring down the interest burden.
Oct 12, 2012
Suzlon faces default: Will lenders consider debt recast?The company, which has not registered a profit for the last three years, has about $220 million worth of bonds that are maturing today.
Aug 29, 2012
JP Associates plunges 9% on persisting debt concernsShares of Jaiprakash Associates fell more than 9 percent on Wednesday, with traders citing rising concerns about net debt levels, a day after the cement maker raised $150 million in foreign currency convertible bonds (FCCB).
Jun 27, 2012
Strides surges as co fully redeems FCCBsThere are no outstanding foreign currency convertible bonds, post this redemption. The company utilized its cash balance to fund the redemption
Nov 28, 2011
Fund raising: Why Subex is thinking beyond its meansGiven the company's balance sheet it would take a brave lender to bail out the company by extending an unsecured loan.
Nov 23, 2011
Warning: Currency turmoil could cost India Inc Rs 33,000 croreThere are 28 companies with FCCBs totalling Rs 24,500 crore that will mature in the next financial year. Among them, 25 will most likely face redemption.
Jul 15, 2011
FCCB sword over Cranes Software, faces liquidationThe winding-up notice pertains to a 42-million FCCB issue from Cranes Software in 2006 where Barclays Bank has a substantial exposure. The company defaulted on its redemption in March this year.