investment banking services in non-public issues
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Merchant Banking services in non-public issues
Group : 05
Ayan Chatterjee(2011050)Dheeraj Singh(20110
Kallol Kumar Sarkar(2011096)Ravi Ashok(2011
Utkarsh Srivastava(2011215)
QIPAdvendus
Nitco Tiles Ltd. (NSE:NITCO) raises Rs. 1660 million In accordance with SEBI (DIP) guidelines, 2000 Offer comprised of 61,48,519 equity shares of Rs. 10 for a cash
price of Rs. 270. Bid was opened from Nov 16th, 2007—Nov 20th ,2007 Ten investors including eight Foreign Institutional Investors
(FIIs) and two Indian Mutual Funds (MFs) participated in the offering. Some of the major investors included Deutsche India Equity Fund, Citigroup Global Markets, Merrill Lynch - India Equities Fund and Credit Suisse.
Source--http://www.avendus.com/Upload/TransactionFiles/DealRelease/
Avendus_Deal_Nitco_QIP_Dec_07.pdf
Private PlacementNABARD Capital gain bonds by Bajaj
Capital
Face Value – Rs. 10,000 per bondMin. Subscription– In multiples of Rs. 10,000Half-yearly interest option– Rs. 5,00,000 and
more ( multiples of 10,000)Date of allotment – The date of realization of
cheque/draftRedemption– At par on the last date of each
month 5/7 years Int. payment– Half yearly 1st Oct.
Annually 31st March
Option 1 Option 2
Tenure 5 yrs 7 yrs
Coupon rate--annual 5.40% 5.50%
Semi-annual 5.33% 5.43%
Put/Call end of 3 yrs end of 5 yrs
Source—http://www.bajajcapital.com/bonds/introbonds.html
PE/VCSingapore state investor Tamasek Holdings and KKR Co. wants a stake in
Alliance Tire GroupDeal worth is approximately $400 millionOther interested parties are TPG capital and Advent InternationalWarbug Pincus, wants to sell about 72% stake of Alliance Tire Group
Source—
Economic Times 11th Jan, 2013
Canbank Venture Capital Fund Limited (CVCFL), a subsidiary of Canara Bank, has picked up 6.11% stake in Bangalore-based Scotts Garments Limited for Rs 20 crore
CVCFL has made the investment through its Emerging India Growth Fund, a Rs 500 crore fund
Source—
Business Standard 22nd Dec, 2012
PIPEThe $3.3 billion investment by Blackstone in Deutsche Telekom
and the $350 million investment by Texas Pacific Group, General Atlantic and Newbridge Capital in Lenovo
In The Netherlands the investment of €150m in Spyker by GEM served the purpose of ensuring the acquisition of SaaB
Source— http://www.capem-capital.com/uploads/bestanden/PIPE_Presentation.pdf
BuyoutHamilton Sundstrand Industrial company was acquired for $3.4bn by BC
Partners and Carlyle Group. The deal is supported by debt financing commitments from Citigroup, Credit Suisse, Deutsche Bank, Morgan Stanley, RBC Capital Markets and UBS.
El Paso Corporation Oil and Natural Gas Exploration and Production Assets, completed in May 2012. The deal is valued at $7.15bn provided by a consortium of investors including Apollo Global Management, Riverstone Holdings, Access Industries and Korea National Oil Corporation. The deal is supported by a $5.5bn debt package. Citi and J.P. Morgan were the co-lead bankers on a $3.5bn bridge to bond loan, while J.P. Morgan was the lead banker on a $2bn revolving credit facility.
Source—http://www.preqin.com/blog/101/5535/top-five-largest-pe-buyout-dea
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