Tulip Telecom Ltd is looking at raising funds through foreign currency convertible bonds or FCCBs to repay its debt that comes for redemption in August. The telecom company has appointed Elara Capital Plc. to  help it raise the required amount.

Technology

Tulip Telecom raises $50M through FCCB issue

Bhawna Gupta 5 years ago

Tulip Telecom Ltd, an enterprise data services provider, has raised $50 million (around Rs 280 crore) through foreign currency convertible bonds (FCCBs). The new FCCBs...

General

Ahead of FCCB redemptions, Indian companies ring asset-sale alarm

Sneha Shah 5 years ago

At least half a dozen companies are scrambling to sell assets or are seeking shareholder approval to raise funds to redeem $6 billion worth of...

Infrastructure

Suzlon to raise $300M via FCCB to repay existing ones

Sneha Shah 5 years ago

Tulsi Tanti-promoted Suzlon Energy Ltd is looking to raise $300 million via foreign currency convertible bonds (FCCBs) to repay its existing foreign currency bonds maturing...