Fccb

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.

JP Associates plunges 9% on persisting debt concerns

Shares 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).

Strides surges as co fully redeems FCCBs

There are no outstanding foreign currency convertible bonds, post this redemption. The company utilized its cash balance to fund the redemption

Fund raising: Why Subex is thinking beyond its means

Given the company's balance sheet it would take a brave lender to bail out the company by extending an unsecured loan.

Essar Shipping to convert Rs 800 cr of debt into dollar loans

Essar 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.

Firstsource repays foreign currency bonds worth $237 mn

BPO service provider Firstsource Solutions today said it has repaid $237 million (about Rs 1,291 crore) worth foreign currency convertible bonds.

Ministry to seek Cabinet nod for REC's $1 bn FCCB issue

A leading lender for the power sector, REC posted a profit of Rs 769.51 crore in last three months of December.

Warning: Currency turmoil could cost India Inc Rs 33,000 crore

There 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.

FCCB sword over Cranes Software, faces liquidation

The 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.<br /><br /> <br /><br />