Search For "dollar denominated"
S&P Upgrades IIFL Finance's Outlook to 'Positive' On Recovering Market Sha
Updated : 8 months ago IST
Mumbai (Maharashtra) [India], December 18: Credit Rating agency Standard and Poor's (S&P) Global Ratings has revised IIFL Finance's Outlook to 'Positive' from 'Stable' on recovering market share in gold loans, while affirming 'B+/B' ratings. S&P also affirmed its 'B+' long-term foreign curre
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India extends Rs 4,850 crore line of credit to Maldives
Updated : 1 year ago IST
Foreign Secretary Vikram Misri, addressing a press briefing, said that this will be the first line of credit extended to the Maldives denominated in Indian rupees, replacing the earlier dollar-denominated credit.
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No major sell-off in Dollar assets expected despite global tariff tensions
Updated : 1 year, 1 month ago IST
As global trade tensions rise with the return of high tariffs under US President Donald Trump's policy, questions are being raised on whether countries affected by these tariffs will sell off their dollar-denominated assets to manage the financial burden.
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MPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dream
Updated : 1 year, 3 months ago IST
Bengaluru (Karnataka) [India], May 14: MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool
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BookMyForex Unveils Global Forex Card with No Cross-Currency or ATM Charge
Updated : 1 year, 3 months ago IST
Gurgaon (Haryana) [India], April 28: As international travel picks up pace for the summer season, BookMyForex (a MakeMyTrip Group Entity)--India's largest online retail foreign exchange marketplace--has unveiled its all-new Global Forex Card, built to eliminate the hidden costs of spending a
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UOB prices US$2 billion in US dollar-denominated multi-tranche bond
Updated : 1 year, 4 months ago IST
Singapore, March 27: UOB has priced US$2 billion in a US dollar-denominated multi-tranche bond. This comprises three-year Fixed-Rate Note (FXD), three-year Floating-Rate Note (FRN) and five-year FRN tranches with pricing set at Treasuries plus 40 basis points, SOFR plus 58 basis points and S
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Tata AIA introduces life insurance solutions in US$ for Non-Resident India
Updated : 1 year, 11 months ago IST
Ahmedabad (Gujarat) [India], September 3: Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has announced the launch of its offshore branch at Gujarat International Finance Tech-City (GIFT City), India's first International Financial Services Centre (IFSC). T
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ADNOC to redeem exchangeable bonds in ADNOC distribution upon maturity in
Updated : 2 years, 4 months ago IST
Abu Dhabi National Oil Company (ADNOC) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), which bear a coupon of 0.70 per cent upon
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UAE USD bond issue achieved strong results with oversubscription by 5 time
Updated : 2 years, 11 months ago IST
The Federal Government of the United Arab Emirates, represented by the Ministry of Finance, successfully closed its offering of a US dollar-denominated 10-years USD 1.5 billion bond maturing on September 2033, issued with a yield of 4.917 per cent representing a spread of 60 bps over US Trea
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UAE: ADIB raises USD 750 million in US dollar-denominated tier-one perpetu
Updated : 3 years, 1 month ago IST
Abu Dhabi Islamic Bank (ADIB) announced today that it has successfully raised 750 million USD in the world’s first dollar-denominated additional tier-one (AT1) perpetual sukuk issued since March 2023.
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Shares of Adani Group firms continue their drop in today's market opening
Updated : 3 years, 6 months ago IST
The group entities made scheduled coupon payments on outstanding US dollar-denominated bonds on Thursday, according to Reuters' source with direct knowledge of the conglomerate's strategy.
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PFC issues $500 million senior unsecured bonds for more than 10 years
Updated : 5 years, 6 months ago IST
New Delhi [India], February 2 (ANI): State-owned Power Finance Corporation (PFC) has successfully raised 500 million dollars through the issuance of US dollar denominated bonds under 'Reg S route' with a fixed maturity of May 16, 2031.
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