Rabobank

PE fund Rabo Equity sells 21.7% stake in Vacmet

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PE fund Rabo Equity sells 21.7% stake in Vacmet

MUMBAI: Rabo Equity Advisors, the food and agriculture-focused private equity fund, has sold its 21.7 per cent stake in Vacmet back to its promoters, making around 2.5 times returns on its investment. Almost a decade after the fund invested Rs 50 crore in the company, it has exited through buyback from promoters over two tranches, … Read more

ADB issues $3 billion five-year global benchmark bond

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ADB issues billion five-year global benchmark bond

Manila: The Asian Development Bank (ADB) returned to US dollar bond market with the pricing of a three billion dollars five-year global bond proceeds of which will be part of ADB’s ordinary capital resources. “We looked at the post-summer issuance window and saw an opportunity to add a new five-year to our global benchmark curve,” … Read more