greenshoe option, Sea said in its filing on Thursday.It is also raising$ 2.5 billion in a

The floor price has been set at a 7 per cent discount to the closing price of the stock on Wednesday.... In case of under subscription, the unsubscribed portion shall be available to other bidders in non-retail category. The offer would open on Friday for retail investors.... So far, the government has mopped up Rs 8, 369 crore through OFS of NMDC, HUDCO and selling stake in Axis Bank in the current fiscal....

Fundraising activity in the debt market is gaining momentum ahead of the festival season.... Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, “ The market likes certainty, the market will gain clarity after the US Federal Reserve’s( Fed’s) policy.... Most of the issuances are from small NBFCs, except Nabard which is afte TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH....

The cost of debt-funds for the states has touched the highest level so far this fiscal with the weighted average cut-off crossing the 7.16 percentage points at the latest auctions, up 11 bps over the past week, reflecting the hardening yields even for the government securities. The hardening of the rates at the first auction of the quarter comes in the wake of the expected large supply of debt from the states, as indicated for Q4 at Rs 3.2 lakh crore, up by Rs 10, 000 crore. Nine states on Tuesd