“Prime Focus is exploring ways for a possible conversion of existing shares of Prime Focus to DNEG and list its subsidiary on Nasdaq for a valuation of $1.5-1.7 billion,” said one of the persons cited above. “The company plans to raise around $500 million in DNEG either by SPAC or listing it at NASDAQ.”
Banks ride RBI swap wave to raise $12 billion via overseas debt
This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank of