Eros bond: Not quite a love story

Indian film producer Eros International cancelled a dollar bond this week, as nervous investors kept a close eye on US interest rates.

Eros bond: Not quite a love story

It has not been a good week for Eros International, a Bollywood movie producer.

The company had to jettison a planned dollar bond on Wednesday, despite offering investors a juicy pick-up over what it initially hoped for. On the same day, it was hit with accusations of fraud by a little-known short-seller, who has not yet substantiated those claims. Its New York-listed stock plummeted 12.67% in a single day, capping a fall of more than...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: eros | india | bonds | nyse | federal reserve | leisure

Print Edition

FinanceAsia Print Edition