Malvika Joshi’s Post

#Reorgcoverage Piramal Capital and Housing Finance has announced the mandate for its debut USD bond issue today, confirming multiple scoops by Reorg since early June. --On June 5, Reorg exclusively reported that Piramal Enterprises, which is being merged with Piramal Capital and Housing Finance, is gauging investor interest for a public USD bond through non-deal roadshows. --On June 26, we reported that the company is likely to target a $350 million issue size for the USD bond, with an expected rating of BB-, and a tenor of 3.5 years. We also reported that the mandate is likely in around two weeks. We also updated our subscribers about the establishment of $1 billion Euro MTN program by the company this month. Our coverage on Piramal Capital and Housing Finance is here : https://lnkd.in/dRGj_Es3. #Piramal #debt #bonds #highyielddebt #asiacorecredit #Reorg #NBFC #housingfinance

Cooperation agreements, designed to strengthen creditors' collective bargaining power against borrowers, have recently gained prominence in Europe. These agreements sometimes arise from the need for creditors to safeguard their credit, particularly when covenant protections are inadequate and debtor intentions unclear. Reorg has tracked the Cooperation Agreements publicly entered into in Europe since the beginning of 2024. Find our EMEA Cooperation Agreements Tracker below. https://lnkd.in/dtJpBWr4 #reorg #restructuring #LME

Arthaland Corporation acquired 270,000 preferred shares of Bhavana Properties, Inc. (Bhavana) which have a par value of P1.00 per share, at the subscription price of P100.00 per share, or the total amount of P27,000,000.00. #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Corporation #Entrepreneur #Philippines #Financial #Invest #Investment #investingtips

Primary bond issuance resumed after staying muted for the second straight week last week. There are still nine HY bond mandates this side of Christmas, while tricky names such as SIG, Boparan and Takko are in the frame or in the pipeline before the year-end. Read more about what to expect in the primary this week here: https://lnkd.in/e6vKEFdt

The Specified Investment Fund (SIF) a new MF category has been notified today by Sebi today! Min 10 lakhs ticket size. Can be open ended, close ended or interval scheme (opens & closes on particular dates). Opens doors to: 1) More concentration AMC can own 15% of single company (up from 10%), via SIF 2) Credit Risk Strategies AMC can invest up to 20% in debt of single issuer for investment grade debt (25% with board approval). This is up from 10% allowed for ordinary MFs & that too for AAA. The limit is lower for lower grade. 3) REIT & InVIT 20% in REITs & InVITs. Up from 10% AMCs currently invest. Max 10% in single REIT or InVIT 4) Notification silent on derivatives - might come in the circular Notification on egazette.gov.in https://lnkd.in/gGs42_rT

**Press Release: Confido Capital Launches to Deliver Innovative, Risk-Controlled Income Solutions **LOS ANGELES, November 2024** – Confido Capital (“Confido”), a privately held investment management firm, has officially launched, offering amplified income strategies to the institutional market. Founded by industry veteran Brad Boyd, CFA, Confido is dedicated to delivering consistent, absolute return-oriented solutions that prioritize yield, diversification and liquidity. “We continue to see considerable unmet demand for strategies targeting double-digit returns, downside protection and regular access to invested capital,” stated Boyd. “Our approach is centered on the predictability of income combined with years of experience utilizing the full market toolkit to exploit inefficiencies and control risk.” With over 20 years in financial markets, Chief Investment Officer Brad Boyd is recognized as a pioneer in absolute return fixed income and multi-asset strategies. Confido adheres to a refined process that combines both qualitative and quantitative elements to deliver consistent outcomes for global investment partners. Firm Highlights: - Income Generation: Confido employs the dependability and compounding power of income as the foundational cornerstone of its investment philosophy. - Flexible, Multi-Asset Opportunity Set: The firm sources yield across regions and asset classes including global fixed income, quality equity and option premia. - Risk-Managed, Absolute Return Approach: Extensive expertise optimizing portfolios for risk-adjusted return and downside protection enhances Confido’s ability to navigate varying market cycles. “Over the years, yield-focused products have often been accompanied by excessive risk and overly optimistic assurances of liquidity, or, in other cases, restrictive and lengthy lock-up periods,” said Boyd. “Our government-oriented foundation and multi-asset approach provide attractive return potential, diversifying characteristics, and ample access to capital when investors need it most.” ---- **About Confido Capital** Founded by Brad Boyd, CFA, Confido Capital is an employee-owned investment firm specializing in risk-managed income solutions. For more information, please visit www.confidocap.com or contact info@confidocap.com. #income #investing #fixedincome #multiasset #investments #diversification #liquidity #riskmanagement #absolutereturn #familyoffices #funds #privatewealth #hedgefunds #privatefunds http://bit.ly/4fntYbM

We’re not just here to sell; we’re here to help you make the smartest investment possible. Agents like Mamtu, who operate with full transparency and integrity, truly make a difference. Our mission is to handle all the heavy lifting, so you won’t have to. Amazing work as always, Mamtu. #HamptonsDXB #Hamptons #DubaiRealEstate #RealEstate #AgentTestimonial #RealTalk #ClientsFirst

India Real Estate or Property is US$ 0.33 trillion in size. Property Rentals are big too. Indian Equity Markets are US$ 4.5 trillion. Equity Rentals, have just begun! To understand more on #Equityrentals #Coveredcallwriting join us at 4.00 pm IST https://lnkd.in/gDYBPNV8