Sammaan Capital (formerly Indiabulls Housing) has successfully raised $300 million through a three-year bond issuance to overseas investors at 8.95%. This marks their first international issuance under the new brand and aims to diversify their funding base, targeting 10% from international sources. The company plans further overseas borrowing to reach 10-15% within the next year.
Gold slips as investors weigh Fed rate outlook
Gold slipped in early Asian trade on Tuesday as investors awaited the US Federal Reserve policy decision next week for signals on interest rates and