Lodha Group's UK arm raises $200 mn to repay debt
Lodha Developers International launched $225 million bond-issue on February 27.06-03-2020
06-03-2020
Lodha group's UK arm to raise $225 mn through bonds issue
Lodha Developers International Ltd, a subsidiary of Mumbai-based Lodha group, proposes to offer USD 225 million aggregate principal of senior secured notes due 2023.27-02-2020
Moody's cuts Mumbai Trump Tower builder's rating over debt obligation
Macrotech Developers, earlier known as Lodha Developers, has been cut by one step to Caa1.14-11-2019
Moody's downgrades Macrotech Developers (Lodha ) to B3 over weak liquidity situation
The Mumbai-based company has a loan agreement for $155 million, secured against its project at in London.Moody's has also downgraded the senior unsecured rating of the US dollar-denominated bonds issued by Lodha Developers International Limited12-11-2019
Trump Tower builder dumps luxury for cheap homes as India slows
Macrotech Developers, earlier known as Lodha Developers, will cut the share of premium housing from its portfolio to about 17% from 30%, said MD Abhishek Lodha.It's also looking to increase contributions from so-called affordable housing to about 50% of revenue over the next three to four years from 40%22-10-2019
Rating downgrade by Moody's shows liquidity crunch at Lodha Developers
Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's upcoming debt maturities02-08-2019
Piramal to pare Rs 1,000 crore of Lodha Developers debt in Q1FY20
Reports on Wednesday said Piramal is in talks with Goldman Sachs to sell Rs 2,000 crore worth of Lodha loans29-05-2019
Lodha Developers plans to repay its debt, faces delay in asset sales
Lodha plans to repay 290 million (Rs 2,600 crore) from sales at the 48CS project in London for which it had taken the loan08-05-2019
Lodha's stake sale in London entity may address bond maturity
Ratings agency Moody's on Friday said additional stake divestment by city-based Lodha Developers in its London development arm is expected to reduce l15-02-2019
Lodha Developers to buyback dollar-denominated bonds
Lodha Developers International, a subsidiary of real estate firm Lodha Group, today announced a buyback programme for its senior dollar denominated bo22-01-2019