DMI Finance raises Rs 1,455 crore through NCDs

DMI Finance has successfully raised Rs 1,455 crore through the issuance of non-convertible debentures on a private placement basis. This issuance attracted bids totaling Rs 1,630 crore from various investors, including mutual funds and corporate offices. The debentures have been…

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SoftBank taps bond market for $11.1 billion to fund AI bets

SoftBank has raised $11.1 billion through dollar- and euro-denominated bonds to fund its artificial intelligence investments, including the final $10 billion tranche of its OpenAI commitment. The company issued bonds across multiple maturities and interest rates, while also recently raising…

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Airtel Money eyes London listing via secondary OFS

In filings Wednesday with the London bourse on Mobile Money, Airtel Africa indicated it would give some of its existing shareholders an exit option, industry experts said. Airtel Africa has roped in International Finance Corporation (IFC), a part of the…

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