20
Jun
2019

Hexion Inc. Announces Proposed $450 Million Debt Offering

Hexion Inc. (the “Company”) announced today that it is proposing to issue $450 million aggregate principal amount of new senior unsecured notes due 2027 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be guaranteed on a senior basis by the Company’s existing domestic subsidiaries that guarantee obligations under the credit facilities to be entered into upon the Company’s emergence from bankruptcy. Read more...

19
Jun
2019

Lenders To Begin Insolvency Proceedings Against Jet Airways

Insolvency proceedings against Jet Airways are likely to begin this week as a consortium of lenders led by the State Bank of India (SBI) failed to find a buyer for the beleaguered airline. Read more...

17
Jun
2019

IHS Markit partners with Algo-Chain to provide ETF and index analytics

Index provider IHS Markit has partnered with data science company Algo-Chain to provide its ETF and index analytics, ETF Stream can reveal. Read more...

14
Jun
2019

Walmart may pump $1.2 billion into Flipkart’s operations

Walmart is planning to use its cash reserves worth $1.2 billion lying outside the US for funding Flipkart's operations. This move is likely to give an impetus to the Indian e-commerce major in the face of cut-throat competition from the likes of Amazon at home. Read more...

13
Jun
2019

DHFL clears interest of ₹961 crore on NCDs, to seek rating upgrade

DHFL said it has cleared interest of 961 crore due on NCDs, a week after it delayed payments and fanned fears of a liquidity crisis Read more...

12
Jun
2019

Ping An Bets on Bond ETFs to Catch Up as Vanguard Draws Near

Ping An Insurance (Group) Co. is expanding its range of bond ETFs as it tries to catch up in the fast-growing exchange-traded-funds market, while facing stiffer competition from global giants like Vanguard Group Inc. Read more...

11
Jun
2019

Breather for bond investors in DHFL

Bond investors in Dewan Housing Finance Corp Ltd (DHFL) can breathe easy for the next two months at least as the promoter of the non banking financial company (NBFC) has received more than Rs 2,000 crore from Blackstone for the sale of Aadhar Housing Finance, said people with the direct knowledge of the matter. Read more...

10
Jun
2019

IFC sees immense opportunities for green bond projects in India

The International Finance Corporation (IFC) sees immense opportunities to finance projects through green bonds in India especially in areas like urban transportation, waste-to-energy and water treatment, its senior official said here Tuesday. Read more...

07
Jun
2019

5 ETF Sectors Likely To Shine If The Fed Cuts Rates

U.S. stocks traded higher on Thursday, battling their way back from a brutal selloff over the past month, after Federal Reserve Chairman Jerome Powell intimated that the central bank was open to relaxing its monetary policy to save the economy, and as trade tensions eased amid comments by China and Mexico. Read more...

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