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Deutsche Bank emerges top investor in $2.5-billion Shapoorji bond issuance

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  1. Deutsche Bank became the top investor in Shapoorji Pallonji's $2.5-billion bond issuance.

  2. Shapoorji's special purpose vehicle Mercury Finance subscribed to $641 million of the bonds.

  3. Other major investors include Sageoak Capital, Cerberus, and Varde Holdings.

  4. The bond issuance is part of Shapoorji's debt restructuring plan.

Deutsche Bank emerges top investor in $2.5-billion Shapoorji bond issuance · in5points