vedanta

India’s government is desperately trying to stem the rupee’s slide. Indian companies cope, as best they can.

Vedanta raises $1.7 billion from a jumbo bond to take out a bridge loan for the Cairn India acquisition.

The second sell-down by London-listed Cairn Energy in three months reduces its stake in the Indian oil and gas explorer to 10.3%.

Vedanta Resources ropes in subsidiary Sesa Goa and agrees to pay up to $9.6 billion for Cairn India as it seeks to diversify into oil and gas.

The Hong Kong-based shipping company executes a deal that is viewed as well priced, and only two days after Vedanta issues another well-received deal, sparking hopes of a pickup in CB issuance in Asia.

The share price falls 10.5% during the marketing as investors position themselves to hedge the $500 million convertible, but recovers the majority of the loss the following day.

Chinese property developer Country Garden issues Asia's first true high-yield bond in 14 months with an 11.75% five-year deal arranged by J.P. Morgan.

The London-listed mining and metals firm with a footprint mostly in India launches a $1.25 billion convertible bond issue, just one day after it announces an M&A deal.

The Indian mining group negotiates a new deal to take over US-based Asarco, reducing its offer by $900 million to account for falling copper prices.