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Ecofy Finance, a climate‑focused NBFC, is raising Rs 380 crore in a Series B equity round led by British International Investment. The round includes Rs 220 crore from BII, Rs 70.5 crore from Finnfund, and continued backing from FMO and Green Growth Equity Fund. Post‑allocation, Ecofy’s valuation is estimated at roughly Rs 800 crore, and the capital will bolster its working‑capital needs for financing EVs, solar, and other sustainable projects. The company reported a 4.8‑fold revenue surge to Rs 93.3 crore in FY25, albeit with a 15.6% rise in losses.
Vilnius‑based Saltz secured a €20 million Series A round led by the EBRD, aiming to accelerate its pan‑European food‑supply marketplace. The funding will fund expansion into new markets, broaden supplier offerings, and support hiring over 100 staff by 2026. Saltz’s platform consolidates...
TechUK and TheCityUK hosted a summit urging UK tech firms to stay and scale domestically, targeting the nation’s first trillion‑dollar technology company by 2035. The Industrial Strategy calls for unprecedented capital inflows, with up to £190 bn of private funds expected...
Valero Energy priced an $850 million senior note offering due 2036 with a 5.15% coupon, set to close Tuesday. The net proceeds will refinance higher‑cost 2026 debt, including 7.65% debentures and 3.4% senior notes. In 2025 the refiner achieved a record...
Citi has launched its first digitally native structured note on Euroclear’s Digital Financial Market Infrastructure (D‑FMI), marking a pioneering use of distributed‑ledger technology for wealth‑management products. The note, issued under English law by Citigroup Global Markets Funding Luxembourg, demonstrates a...
Vinted is arranging a secondary share transaction that will place BlackRock on its shareholder register and could push the online resale platform’s valuation to roughly €8 billion. Existing shareholders will sell more than £500 million worth of stock, meaning the company itself...
KKR is weighing a multibillion‑dollar sale of CoolIT Systems, a data‑centre liquid‑cooling specialist that it bought for roughly $270 million in 2023. The potential transaction could value the company at over $3 billion, reflecting the rapid shift of CoolIT from gaming‑PC cooling...
Société BIC disclosed a February 2026 share repurchase program, buying back 31,570 of its own shares at an average price of €53.5908 per share. The total outlay amounted to €1.691 million. The transactions were executed on February 25‑27, 2026, and are...
Societe BIC disclosed its capital structure as of February 28, 2026, reporting 40,861,314 issued shares. The total voting rights amount to 57,593,899, with 57,386,137 rights when excluding non‑voting shares. The filing complies with French Code de Commerce and AMF regulations...
Axel Springer agreed to buy the UK’s Telegraph for £575 m, ending a three‑year ownership limbo and fending off a Daily Mail bid. The deal marks the first change of hands in the paper’s 168‑year history. Meanwhile, Indonesia announced a phased...
Municipality Finance Plc (MuniFin) issued DKK 1 billion senior notes on 10 March 2026 with a fixed 2.288 % annual coupon and a maturity of 10 March 2031. The issuance is part of MuniFin’s EUR 50 billion medium‑term note programme and is being underwritten by Skandinaviska Enskilda Banken...
Victory Giant Technology (Huizhou) Co., a Chinese printed circuit board manufacturer, is preparing a secondary listing in Hong Kong that could raise more than $2 billion. The company already trades on the Shenzhen Stock Exchange, and its board approved the Hong...
StrideOne, an Indian NBFC that serves MSMEs and SMEs, secured ₹100 cr (≈$11 mn) in a blend of equity and debt from undisclosed investors. The capital will fund expansion of its enterprise‑anchor programmes, broaden its partner‑lender network, and upgrade technology and risk...
Munich‑based Telura announced a €4 million pre‑seed round led by Nucleus Capital, Possible Ventures and First Momentum, coupled with a validation pact with Germany’s SPRIND agency. The startup’s electric impulse drilling technology replaces mechanical bits with high‑voltage pulses to fracture rock,...
Morningstar DBRS released episode 40 of its Securitisation Insights podcast, featuring Mudasar Chaudhry, Andre Soutinho and Nicola De Caro discussing synthetic Significant Risk Transfer (SRT) transactions in Europe. The hosts explained how synthetic SRTs let banks shift credit risk to...
Hyundai Motor Group plans to list its U.S. robotics unit Boston Dynamics on Nasdaq as early as 2027. Executive Chair Chung Euisun holds about a 20 percent stake, potentially yielding up to 20 trillion won ($13.6 billion) from the IPO. The proceeds would...
Bharti Airtel's data‑centre subsidiary Nxtra Data is raising $1 billion to expand capacity to a gigawatt scale. The round includes $300 million each from Airtel and private‑equity firm Carlyle, and a $400 million commitment from Sheikh Tahnoon bin Zayed’s Alpha Wave Global. Funds will...
DBS is urging Singapore‑based SMEs to hedge at least half of their foreign‑exchange exposure amid heightened volatility from the Middle‑East conflict. The bank’s SecureFX facility, which lets companies lock in rates up to US$1 million without credit lines, is already used...
UI Boustead Reit will debut on the SGX mainboard on March 12, offering a S$1.9 billion portfolio of 23 logistics and industrial assets across Singapore and Japan. The portfolio, valued at a 1.0 times price‑to‑net‑asset‑value, delivers an 89.4% occupancy rate and a forecast distribution yield...
PhonePe’s updated Draft Red Herring Prospectus reveals its merchant ecosystem now spans 47.19 million businesses, covering 98.6% of Indian pin codes and representing roughly 78% of the nation’s trade and services merchants. The platform supports 9.19 million physical payment devices and a...
Jackson Hospital & Clinic in Alabama has filed Chapter 11, offering bondholders an estimated 18.7% recovery on par, or 22.9% for the broader secured class. The $87.5 million secured claim pool will be paid via a $2.5 million cash injection, $7.5 million senior unsecured...
IDB Invest has committed $50 million to Ecuador’s inaugural biodiversity bond, part of a $120 million issuance also backed by the International Finance Corporation and Dutch development bank FMO. The bond, issued through Banco Bolivariano, will fund projects under its Biodiversity Financing Framework,...
Galapagos NV announced the creation of 1,750,000 subscription rights under its new Subscription Right Plan 2026, aimed at current and future employees. Each right entitles the holder to subscribe for one new share, expanding the pool of employee equity incentives....
Aqua Finance is re‑entering the securitization market with a $381.3 million asset‑backed security backed by loans for water‑treatment equipment, home‑improvement projects, marine craft and recreational vehicles. Originations through Q4 2025 jumped 30.6% year‑over‑year, fueled by new partnerships that lifted borrower quality to...
Priority 1 Issuer Logistics DAC has published its consolidated management accounts and interim management report for the three‑month period ended 31 December 2025. The Q4 FY25 investor update is now accessible via the company’s investor portal and Oslo Børs NewsWeb. The filing...
Fidelity Management & Research’s subsidiary FMR LLC filed a notification under the Finnish Securities Market Act after its indirect voting rights in Nokia Corporation rose above the 5% trigger. As of 5 March 2026, FMR held 5.26% of Nokia’s shares, translating to...
Sonaecom SGPS, SA released its consolidated results for the fourth quarter of 2025, showing modest revenue growth and an improved EBITDA margin. Net profit rose to €45 million, driven by higher wholesale broadband sales and cost‑efficiency measures. The company also announced...
Awilco LNG ASA announced a conditional private placement of 77.3 million new shares, raising roughly NOK 251.3 million (US$26 million). The proceeds will finance the launch of its ALNG Trading subsidiary, cover pre‑payments under its sale‑leaseback facilities with China Development Bank, and extend...
Greater Good Health, a cost‑of‑care management platform for high‑risk organizations, secured $20.5 million in Series B financing. The round was led by Allumia Ventures and included a $12.5 million venture‑debt facility from HSBC Innovation Banking. New investors DaVita Venture Group and Granite Financial...
Whitestone REIT hired Bank of America to manage a potential sale after attracting interest from private‑equity firms Blackstone and TPG. The REIT, which owns 56 shopping‑center properties across the South, has faced ongoing pressure from activists to go private and...
Brightline Trains Florida LLC saw S&P Global Ratings downgrade its $2.2 billion Opco debt and $1.19 billion East bonds to CCC‑minus, deepening its junk‑status. The downgrade follows a series of rating cuts by KBRA and Fitch, all warning of a possible default...
SageSure successfully issued the $175 million Gateway Re Series 2026‑2 catastrophe bond, meeting its target size while pricing Class A notes below initial guidance and Class B notes within range. The multi‑peril bond provides reinsurance for Auros Reciprocal and Interboro across storm, earthquake, wildfire, severe...
The SEC reached a partial settlement with Jeffrey Puzzullo, the construction consultant who helped fabricate financial projections for the $284 million Legacy Cares municipal bond offering in Arizona. Puzzullo pleaded guilty to conspiracy, securities fraud, wire fraud and aggravated identity theft,...
![[Update] SEDEMAC IPO Closes With 2.68X Oversubscription](https://inc42.com/cdn-cgi/image/quality=90/https://asset.inc42.com/2026/03/SEDEMAC-social.jpg)
SEDEMAC’s IPO closed with a 2.68X overall oversubscription, as investors bid for 1.51 cr shares against the 56.32 lakh on offer. Qualified institutional buyers led the demand, oversubscribing their 16.07 lakh quota by 8.46X, while non‑institutional and retail investors lagged, subscribing only 77%...
Hyundai Motor India posted an 8% YoY rise in Q3FY26 EBITDA to ₹2,020 crore, but the figure fell 17% quarter‑on‑quarter, missing both the broker’s and Bloomberg forecasts. Management highlighted GST‑driven demand and a dealer inventory below four weeks, projecting 5‑6% domestic...
California school‑district municipal bonds remain a solid risk‑adjusted investment despite mounting headwinds such as declining enrollment and exposure to child‑sex‑abuse lawsuits. Strong state backing via Proposition 98 and first‑lien tax claims underpin the sector’s credit quality, with most districts holding A‑rating...
Indian Institutes of Technology are emerging as powerful engines of deep‑tech entrepreneurship, with several alumni‑founded companies recently completing high‑profile IPOs. Sedemac Mechatronics, an IIT‑Bombay spin‑out, listed at a ₹6,000 crore valuation, while Ather Energy’s IPO gave IIT‑Madras incubators a 5 % stake...
Yangzijiang Maritime announced that shareholders approved a share‑buyback mandate at its extraordinary general meeting, allowing the company to repurchase up to 10% of its issued shares. The resolution garnered votes representing roughly S$1.6 billion, or 99.9% of the shares present. The...
Advent Capital disclosed that its $1.52 billion offer for Senior, a UK aerospace components supplier, was turned down by the target's board. The rejection comes amid a competitive auction that includes Arcline Investment Management. Senior’s decision highlights valuation gaps between private‑equity...
Eclipse Re Ltd., a Bermuda‑based special purpose insurer, issued its first private catastrophe bond of 2026 – a $100 million Series 2026‑1A note listed on the Bermuda Stock Exchange. The bond, likely covering property catastrophe reinsurance or retrocession, matures on December 31 2027, making...
Reliance Industries is preparing Jio Platforms' mega‑IPO, slated for early 2026, targeting a $4‑4.5 billion raise by selling a minimum 2.5% free float. Analysts argue the tiny public float could force the shares to trade at a premium, potentially neutralising the...
Glen Herrick, a senior advisor and former CFO, resigned from MVB Financial’s board after just 14 months, publicly criticizing the bank’s executive‑compensation structure and lack of focus on recurring earnings. His departure is one of only four outspoken director resignations...
Apollo Global Management has opened fundraising for its 11th flagship private‑equity vehicle, aiming to secure capital after the previous fund fell short of its target. The firm is emphasizing its superior Distributions to Paid‑In (DPI) ratio to persuade limited partners...
Nexstar Media Group announced a cash tender offer to repurchase its 5% senior notes due 2029, a move directly tied to the pending acquisition of TEGNA. The offer, managed by BofA Securities, J.P. Morgan, and Goldman Sachs, will remain open...
Prediction‑market trading is booming, with 2025 activity surpassing $44 billion and state officials racing to regulate the sector. The CFTC, under Michael Selig, argues federal jurisdiction, while dozens of states file lawsuits claiming gambling violations. Florida’s bond finance chief Ben Watkins...
Universal Music Group announced it is putting its planned secondary listing on a U.S. exchange on hold, citing turbulent market conditions that have created a valuation dislocation. The decision follows a confidential Form F‑1 filing and a $500 million commitment from Pershing...
Aptiv’s subsidiaries have launched a $1.5 bn private senior notes offering tied to the planned spin‑off of its Electrical Distribution Systems (EDS) unit. The notes, due in 2031 and 2034, will be held in escrow until the separation is finalized. In...
Tikehau Capital filed a regulatory notice on 5 March 2026 detailing its share capital as of 28 February 2026. The company reported 175,247,840 total shares, each carrying a voting right, resulting in identical notional voting rights. After accounting for treasury shares, exercisable voting rights...
Bridgepoint is evaluating how to position its capital in Europe’s burgeoning defense sector. A recent Carlyle Group white paper projects that the continent could allocate up to €14 trillion to defense and related infrastructure over the next ten years. The magnitude...
Sunshine‑Eichner arranged a $75 million non‑recourse first‑mortgage loan to refinance the Marriott Monterey hotel in downtown Monterey, California. The five‑year, interest‑only loan carries a fixed rate with an all‑in cost below 6% after securing a low‑200s credit spread among 19 competing...
