Categories
News

Sapiens International raises $60 mn in Non-Convertible Debenture

Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced that it has completed the public offering of non-convertible series B debenture and the listing thereof on the Tel-Aviv Stock Exchange, for a sum of approximately $60 million bearing an annual interest rate of 3.37%. Both institutional and private investors participated […]

Categories
Investment

Blue Star raises Rs350 cr through issuance of unsecured Non-Convertible Debentures

Blue Star Limited, India’s air conditioning and commercial refrigeration player, announced that it has successfully completed raising Rs 350 crores through private placement of Non-Convertible Debentures (NCDs). The NCDs will be listed on the Wholesale Debt Market of National Stock Exchange of India Limited. The NCDs are unsecured and carry a coupon rate of 7.65% […]