Air India Express Raises Borrowing Limit to ₹17,500 Crore Amid Losses, Turbulence
Air India Express lifted its borrowing limit by 25% to ₹17,500 crore (≈ $2.1 billion) to fund near‑term operations after FY25 losses surged to ₹5,822 crore (≈ $702 million) despite a 26% revenue rise. Debt climbed 61% to ₹10,087 crore (≈ $1.2 billion), now exceeding the airline’s ₹16,033 crore (≈ $1.9 billion) revenue. The increase underscores mounting financial strain on Tata’s low‑cost carrier and the broader group’s cash‑flow pressures. The carrier also plans to add 20‑24 narrow‑body jets this year.
Car Insurer First Central Is Said to Tap Banks for London IPO
First Central Group Ltd., a UK motor and home insurer serving 1.5 million customers, has engaged Deutsche Bank and UBS to advise on a potential London IPO that could value the company at roughly £1 billion ($1.3 billion). The insurer reported 2024 gross...
UpGrad to Acquire Unacademy in All-Stock Deal?
upGrad has signed a term sheet to acquire Unacademy in a 100% share‑swap transaction, creating a combined edtech powerhouse valued at roughly $2.25 billion. The deal follows upGrad’s February acquisition of Internshala and includes a break‑fee to lock in both parties....
Orbital Data-Center Startup Aetherflux Raising New Financing at $2 Billion Valuation
Orbital data‑center startup Aetherflux announced a new financing round that values the company at $2 billion. The Series B round seeks between $250 million and $300 million, according to sources. Aetherflux is led by Baiju Bhatt, the co‑founder of Robinhood, and plans to develop data...
Claude AI Maker Anthropic Considers IPO as Soon as October
Anthropic PBC, the creator of the Claude chatbot, is weighing an initial public offering as early as October 2026. The company has begun preliminary discussions with leading Wall Street banks to serve as underwriters. An IPO would provide fresh capital...
Whither the Scarcity Premium for Tech IPOs?
The article examines how high‑net‑worth investors are using secondary‑market vehicles and private‑placement structures to access coveted tech startups before they list publicly. This growing “scarcity premium” reflects limited IPO supply and drives higher valuations in private trades. Analysts warn that...
IPA Capital Markets Arranges $31M Financing for Nebraska Apartments
IPA Capital Markets, a Marcus & Millichap division, arranged a $31.61 million refinancing for The Flats at Leighton District, a 234‑unit multifamily complex with ground‑level retail in Lincoln, Nebraska. The loan carries a five‑year term, full‑term interest‑only payments and a fixed...
Arizona Sets Pacing Amid ‘Cautious Optimism’ for PE Landscape
Arizona’s state pension fund is adopting a more aggressive stance toward private equity, citing “cautious optimism” about an improving M&A environment. The fund plans to allocate additional capital to capture opportunities in what it describes as a bifurcated market, where...
Memory Maker Micron Weighs Buying Shuttered Japan Display Plant
Micron Technology is in talks to purchase Japan Display's shuttered LCD production plant in Chiba, Japan. The U.S. memory maker plans to repurpose the facility for semiconductor chip assembly and testing rather than display manufacturing. Acquiring the site would give...
Everybody Loves Languages Corp. Shareholders Approve Amalgamation with ELL Ventures Ltd.
Everybody Loves Languages Corp. (ELL) announced that shareholders approved its amalgamation with ELL Ventures Ltd., creating a new entity called Amalco. The transaction is slated for completion around April 10 2026, subject to customary conditions. Upon closing, ELL common shares will be...
East Bay MUD Set to Price $675M in Water Revenue Bonds
East Bay Municipal Utility District (EBMUD) will price $675 million of water‑system revenue bonds, split between a $329 million green series and a $365 million refunding series. The issuance arrives amid heightened market volatility caused by the Israel‑Iran conflict, yet EBMUD’s strong credit...
After Years of Trying, Moniepoint Breaks Into Kenya with Sumac Acquisition
Moniepoint has secured a foothold in Kenya by acquiring a 78% stake in Sumac Microfinance Bank, gaining an immediate deposit‑taking licence. The acquisition follows a stalled attempt to buy Kopo Kopo and comes days after Moniepoint bought Nigerian restaurant‑software firm...
Corebridge Financial, Equitable Holdings Merge Into $1.5T AUM, AUA Behemoth
Corebridge Financial and Equitable Holdings have signed an all‑stock merger creating a $22 billion entity that will operate under the Equitable name. The combined firm will manage roughly $1.5 trillion in assets, serve 12 million customers, and expect over $5 billion in operating earnings...
AEI Panel: GSEs Have Never Paid for Their Guarantee
The Trump administration has pledged to retain the implicit government guarantee for Fannie Mae and Freddie Mac, but experts warned that the guarantee has never been paid for by taxpayers. A panel at the American Enterprise Institute highlighted that the...
US Sells 7-Year Notes at 4.255% vs 4.252% WI
The U.S. Treasury auctioned $44 billion of 7‑year notes at a 4.255% yield, just 0.3 basis points above the when‑issued rate, a tighter tail than the 2.0 bps and 1.3 bps seen in recent 2‑year and 5‑year sales. Meanwhile, 2‑year yields surged 8.8 bps...
Streamticker: The Biggest Streaming Mergers and Acquisitions of 2025
The 2025 Streamticker roundup chronicles a wave of high‑value mergers reshaping streaming, advertising, and infrastructure. DIRECTV’s acquisition of INVIDI strengthens addressable TV ad solutions, while Outbrain’s $1 billion purchase of Teads creates a $1.7 billion omnichannel ad platform. DAZN’s $2.2 billion buy of...
BCRED Issues CLO Following Redemptions, Turbulence in NAV
BCRED, a business development company, issued a new collateralized loan obligation (CLO) to shore up its balance sheet after a wave of investor redemptions. The move follows a 0.4% drop in February NAV, marking the BDC’s first monthly loss in...
Tieto: Share Repurchases on 26.3.2026
Finnish software firm TietoEVRY announced a share repurchase on March 26, 2026, buying 60,000 TIETO shares at an average price of €17.6739 per share, costing approximately $1.16 million USD. The transaction brings the company’s treasury holdings to 1,936,693 shares. The buyback...
CyrusOne Ups Loan Facilities to $8 Billion
Data centre operator CyrusOne has expanded its revolving credit facility and U.S. term loan to a combined $8 billion in commitments. The revolving credit line rose by roughly $1 billion to $3.8 bn, while the term loan grew by $300 million to $4.2 bn, both...
Sources: $37B Allworth Exploring Majority Stake Sale
Allworth Financial, a California‑based registered investment advisor with roughly $36.5 billion in client assets, is exploring a sale of its majority stake held by Lightyear Capital and the Ontario Teachers’ Pension Plan. The firm has hired William Blair to lead the transaction....
DealWire and Capital Engine Announce Strategic Partnership to Revolutionize Private Markets Intelligence with AI-Driven Data Solutions
DealWire and Capital Engine have formed a strategic partnership that blends DealWire’s autonomous AI agents and global data ingestion engine with Capital Engine’s investment‑banking technology. The combined platform delivers real‑time, cross‑border intelligence on private equity, venture capital and private credit...
Dolce & Gabbana Gears Up for Debt Talks as Pressure Rises
Dolce & Gabbana is reopening negotiations with its lenders to ease covenant pressure on roughly €450 million ($522 million) of bank debt after a slowdown in luxury demand and heightened geopolitical uncertainty. The Italian fashion house, advised by Rothschild & Co., is...
CMC CapX Launches ‘Spotlight’ Enabling FTSE-Listed Cos to Connect Directly with Retail Investors
CMC CapX has launched Spotlight, a digital platform that lets FTSE‑listed companies engage directly with retail investors. The service offers interactive company profiles, live Q&A sessions, and performance dashboards, aiming to close the information gap between issuers and the growing retail...
StoneX Launches New Securitization Banking, Lending & Capital Markets Platform
StoneX Group Inc. (NASDAQ:SNEX) launched a new Securitization Banking, Lending & Capital Markets platform, extending its fixed‑income expertise into structured finance. The platform will offer tailored capital‑market solutions, lending services, and investment opportunities across traditional and emerging asset classes. Led...
Hysolar Moves to Take Control of Suntech
Hongyuan Green Energy (Hysolar) is set to acquire control of Wuxi Suntech Solar Power through a court‑led restructuring that creates a new entity, New Suntech, and transfers core assets while isolating legacy debt. The new company will be capitalized at...
Private Credit in 2026: Discipline, Dispersion and Defaults
Private credit markets in 2026 are experiencing a blend of discipline and dispersion as seasoned managers double down on core strategies while newer players spread across niche segments. Overcrowding has compressed yields, prompting tighter underwriting standards and a modest uptick...
Gaudium IVF, Saatvik Green Energy, Tolins Tyres Among 5 Stocks in Focus as IPO Lock-In Expires Tomorrow
Five companies—Gaudium IVF, Shriram Triputi Balajee Agro, Saatvik Green Energy, Gujarat Kidney & Super Speciality, and Tolins Tyres—will see their IPO lock‑up periods expire on March 27, allowing their shares to trade freely. The unlock represents roughly 95 companies unlocking $68 billion...
Liquidity Seekers Might Just Need a Different Vehicle
Investors are increasingly backing the idea of merging public and private debt markets to create more liquid investment options. However, existing fund structures pose significant hurdles that prevent seamless convergence. The article argues that without addressing these structuring issues, liquidity‑seeking...
SEBI Confirms Interim Directions Against Par Drugs Chemicals over Slump Sale Plan
The Securities and Exchange Board of India (SEBI) has confirmed its interim order preventing Par Drugs and Chemicals Ltd from completing a slump sale of its core business. The transaction, valued at Rs 95 crore (approximately $11.5 million), was slated for a promoter‑related...
FLNG Specialist Golar Reviews Future Path
Golar LNG has launched a formal strategic review, hiring Goldman Sachs as financial advisor to explore options such as a sale, merger, asset divestiture or corporate restructuring. The review will assess the company’s entire platform, including its two operating FLNG...
Namma Yatri Parent Moving Tech Acquires Automicle to Enter Europe
Moving Tech Innovations, the Bengaluru‑based parent of Namma Yatri, has acquired Netherlands‑based Automicle Holding BV to launch its zero‑commission, community‑led mobility platform in Europe. The deal gives Moving Tech a foothold in European cities, where it plans to replicate its...
IPO GMPs: Amir Chand Jagdish Kumar IPO vs Powerica IPO vs Sai Parenteral's IPO - What Grey Market Hints Ahead...
Three mainboard IPOs—Amir Chand Jagdish Kumar Exports, Powerica, and Sai Parenterals—closed subscription on March 27, showing divergent demand. Amir Chand achieved 1.47‑times overall subscription, driven by non‑institutional investors, while Powerica lagged at just 3% and Sai Parenterals reached 41% with full...
Bluetti Owner PowerOak Files for Hong Kong IPO: The Fourth Major Player in Global Portable Energy Storage
PowerOak, the maker of Bluetti portable batteries, has lodged a main‑board IPO application on the Hong Kong Stock Exchange, positioning it as the city’s first listed pure‑play portable‑energy‑storage firm. The Shenzhen‑based company ranked fourth globally in 2024, capturing 6.6% of...
L&T Tech to Sell Smart World Portfolio to AM Group-Backed AMI Paradigm Solutions
Indian engineering services firm L&T Technology Services announced the sale of its Smart World & Communication (SWC) portfolio to AMI Paradigm Solutions, a joint venture backed by renewable‑energy conglomerate AM Group and digital infrastructure developer ParadigmIT. The transaction transfers L&T’s...
Epstein Files Reveal Inner Workings of the Country’s Largest Financial Firms
The Justice Department’s release of the searchable Epstein files gives the financial advisory and M&A community unprecedented access to real-world valuation reports, purchase agreements, and fairness opinions from top‑tier firms. The archive shows how broad discovery sweeps can pull in...
China’s Jiangsu Aidea Eyes Hong Kong Listing as Gateway to US and European Aids Markets
Jiangsu Aidea Pharmaceutical, a Shanghai‑Star Market listed firm specializing in HIV/AIDS therapies, is preparing a Hong Kong IPO to fund its expansion into the United States and Europe. The company projects the global AIDS‑treatment market to exceed $1.45 billion by 2027...
Vanke Seeks Bond Delay Again as It Works on Restructuring Plan
China Vanke Co., a distressed property developer, has approached holders of its yuan‑denominated bond maturing on April 23 to seek a payment postponement. In meetings last week, Vanke indicated it is also weighing a broader restructuring that could involve extending...
University of California Shops $3bn LP Portfolio in Major Sale
The University of California announced it will sell a roughly $3 billion portfolio of limited‑partner (LP) stakes in private‑equity funds. The move is part of a broader strategy to rebalance its $140 billion endowment and generate cash for upcoming capital needs. UC...
Sert Invests 50 Million Euros in Data Centre Development Fund AiOnX
Stoneweg Europe Stapled Trust (Sert) has committed €50 million (≈ $54 million) to AiOnX’s data‑centre development fund through a mandatory convertible loan. The loan carries a 7.25% cash coupon, equating to roughly €3.6 million ($3.9 million) per year, and is expected to lift AiOnX’s distribution...
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Navigating the SEC's Cooling-Off Rule in Securities
The SEC’s so‑called cooling‑off rule is actually Regulation M, which imposes a quiet period between filing a preliminary prospectus and the public sale of new securities. During this window, issuers and underwriters cannot market the offering, helping to prevent premature hype...
Jan Metzger Leaves Citi for Standard Chartered- #CapitalMarkets #Finance
Standard Chartered has hired Jan Metzger as global head of coverage banking for its corporate and investment banking division, based in Hong Kong. Metzger arrives from Citi, where he co‑led investment banking for Asia and oversaw major M&A and capital‑market...
Pagaya Offers $586.2 Million in Consumer Loan ABS
Pagaya Structured Products is launching a $586.2 million asset‑backed securities (ABS) program backed by unsecured consumer loans from 11 partner lenders. The deal comprises 15 note classes, most maturing on November 15, 2033, with the senior A1 tranche extending to April 15, 2027. Credit enhancement...
IDB Invest and Total Servicios Financieros Boost Financing for MSMEs in Peru
IDB Invest is providing a revolving loan of up to $10 million to Total Servicios Financieros, with an additional $10 million expected from third‑party investors, to broaden financing for Peru’s micro, small and medium‑sized enterprises (MSMEs). The funds will support factoring and financial leasing...
Simplified Roadmap for OTC Markets Quotation
OTC Markets Group released a simplified roadmap outlining eligibility and reporting requirements for its four market tiers, with a focus on upcoming OTCQX rule changes effective April 6, 2026. The amendments raise the minimum market capitalization from $10 million to $25 million, increase required...
Convergence Networks Acquires Certinet Systems
Convergence Networks announced the acquisition of Certinet Systems, extending its Pacific Northwest footprint while bolstering cybersecurity and compliance capabilities for regulated sectors. The deal retains Certinet’s local leadership and layers it with Convergence’s broader service platform, offering customers after‑hours support...
This Corner of the EM Bond Market Is Worth Checking Out
Emerging‑market corporate bonds are delivering yields well above U.S. benchmarks, and the WisdomTree Emerging Markets Corporate Bond Fund (EMCB) exemplifies this trend with a 5.07% SEC yield. The actively managed ETF holds a 3.97‑year effective duration, positioning it as an...
Citigroup's Seasoned Mortgage Pool Secured $1 Billion in RMBS
Citigroup’s Mortgage Loan Trust issued a $1 billion residential mortgage‑backed securities (RMBS) transaction, CMLTI 2026‑RP1, backed by seasoned loans originated in 2019 or earlier. The pool shows strong performance, with 90.3% of loans maintaining a clean payment history and a low delinquency...
Barclays Pulls Back on Asset-Based Loans After MFS, Tricolor
Barclays is scaling back its asset‑based lending to smaller borrowers after taking losses from the collapses of Market Financial Solutions (MFS) and Tricolor Holdings. The bank is redirecting capital toward larger corporate loans and securitizations, and has raised pricing on...
Jay Group Scores $300M Refi for DoBro Project
The Jay Group secured a $300 million refinancing loan from Affinius Capital for its 102 Fleet Place development in Downtown Brooklyn. The debt will fund the completion of the 30‑story, 495‑unit luxury multifamily tower and support lease‑up activities. The project, located near...
Jacktel AS Lists on Euronext Growth
Jacktel AS debuted on Euronext Growth Oslo, issuing 207.5 million shares and achieving a market capitalisation of roughly $87 million at the opening price of $0.42 per share. The company raised about $2.9 million in a heavily oversubscribed private placement that attracted more...