Singapore, April 2 (ANI): Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 million dollars to be issued by a newly-formed restricted group (RG5) of ReNew Power Pvt Ltd (RPPL).
Mumbai (Maharashtra) [India], Apr 1 (ANI): In a major step towards resolving overall debt, IL&FS on Thursday announced completion of its 49 per cent stake sale in its Chinese road asset Chongqing Yuhe Expressway Company (CYEC).
New Delhi [India], April 1 (ANI): Delhi International Airport Ltd (DIAL) said on Thursday it recently completed the issuance of non-convertible debentures (NCDs) for Rs 3,257 crore.
Amaravati (Andhra Pradesh) [India], March 30 (ANI): Andhra Pradesh Civil Supplies minister Kodali Srivenkateswara Rao on Tuesday lambasted Telugu Desam Party (TDP) chief and former Chief Minister Chandrababu Naidu alleged that he raised the debts of the state and was blaming current Chief Mi
Lusaka [Zambia], March 30 (ANI): Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years to fund major infrastructure projects.
New York [USA], March 30 (ANI): Moody's Investors Service expects US economic activity as measured by GDP to return to its pre-coronavirus path by the end of 2021, but an elevated unemployment rate and a lagging recovery in the hardest hit sectors will leave visible bruises.
Mumbai (Maharashtra) [India], Mar 27 (ANI): Crisil Ratings has revised the outlook on Rs 4,000 crore long-term bank facilities of vertically integrated textile and paper manufacturer Trident Ltd from stable to positive and reaffirmed the rating at AA-minus.
Peshawar [Pakistan], March 25 (ANI): Pakistan's exports to Afghanistan declined 13.6 per cent which amounts to USD 629.324 million from USD 728.315 million. A few years ago, Afghanistan was the second-largest export destination after the US, reported Pajhwok Afghan News.
Beijing [China], March 25 (ANI): China's small regional banks are rapidly approaching a surge of non-performing debt that threatens to undermine the financial health of vulnerable lenders.
Islamabad [Pakistan], March 23 (ANI): Even as Pakistan's foreign debt and liabilities continue to mount, its reliance on foreign commercial loans has been increasing at rapid pace as the country obtained USD 3.110 billion through this head out of a total of USD 7.2 billion external loan infl
Islamabad [Pakistan], March 21 (ANI): A debt-ridden Pakistan has received a total of USD 7.21 billion in total external inflows from multiple financing sources during the period of July 2020 to February 2021, according to a report by Foreign Economic Assistance.