In Short : Vedanta Resources has accepted bids worth $800 million for its dollar-denominated bonds, according to bankers. The company, a major player in the natural resources sector, is seeking to raise funds to support its operations and growth initiatives. The bond issuance is part of Vedanta’s ongoing efforts to diversify its funding sources and […]
Adani group aims to raise about $800 million for financing green energy projects – EQ Mag
Nearly a month after the report was published, Adani Group lost almosty two-thirds of its combined market value. New Delhi : Billionaire Gautam Adani-led Adani Group is aiming to raise about $800 million for new green energy projects, Bloomberg reported quoting people familiar with the matter. This, if true, could be Adani Group’s biggest borrowing […]
China EV maker Leapmotor set to raise $800 million in Hong Kong IPO – EQ Mag Pro
HONG KONG : Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter. While that is less than the $1.03 billion the EV maker had said […]