Shapoorji Pallonji Group
Coverage of Shapoorji Pallonji Group in the Nexus archive.
- India’s Shapoorji Pallonji Group Seeks Fresh Bond Extension as Refinancing Drags
India’s Shapoorji Pallonji Group is seeking a fresh bond extension as refinancing efforts face delays. The company's request highlights ongoing challenges in securing financial terms amid prolonged negotiations.
- Shapoorji In Talks With Cerberus, Farallon for $1.5 Billion Bond
Shapoorji Pallonji Group is in negotiations with Cerberus and Farallon to secure a $3.4 billion private credit deal, which would be India's largest ever. The financing is aimed at supporting the company's real estate projects, including the Odyssey residential project in Mumbai currently under construction.
- Shapoorji Unit Markets High-Yield Debt to JPMorgan, BlackRock
A unit of Shapoorji Pallonji Group is marketing high-yield debt to institutional investors JPMorgan and BlackRock. The transaction highlights the group's efforts to expand its financial reach through targeted debt offerings.
- India’s Shapoorji Gets Nod to Delay Bond Days Before Maturity
India’s Shapoorji Pallonji Group has received approval to delay a bond’s maturity, a move that could provide financial flexibility. The decision was announced days before the bond's original due date.
- Bondholders Seek Sweeteners as Shapoorji Unit Pushes Extension
Bondholders are demanding incentives as a unit of Shapoorji Pallonji Group seeks to extend a construction project in Mumbai. The development is under construction but faces financial pressure requiring additional compensation.
- India’s Shapoorji Seeks to Delay Paying $1.5 Billion of Debt
Shapoorji Pallonji Group, an Indian business conglomerate, is requesting a delay in repaying $1.5 billion in debt. The company's financial obligations are under scrutiny as it seeks to renegotiate payment terms.