Nic Querolo
Reporter at Bloomberg News
@business reporter covering municipal bonds, state and local governments. [email protected], all views my own
Articles
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1 month ago |
bloomberg.com | Nic Querolo |Saikat Das |Divya Patil
On the surface, India’s record-breaking private credit deal is a milestone for the market. The real estate and construction conglomerate Shapoorji Pallonji Group has signed a $3.4 billion private financing, the largest ever in India. Investors are being rewarded with a 19.75% yield, an attractive loan-to-value ratio, and a rare opportunity to put a large amount of capital to work in one of the world’s hottest markets.
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1 month ago |
flipboard.com | Nic Querolo |Saikat Das |Divya Patil
8 hours agoLet me start with a prediction: the S&P 500 will gain about 5% this year—not great, but not bad, either. This isn’t really a Nostradamus-level call: I’m simply annualizing the gain the market has posted so far in 2025, as of this writing. We can think of this year as the middle stage of the business …
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1 month ago |
bloomberg.com | Saikat Das |Nic Querolo
Indian real estate and construction conglomerate Shapoorji Pallonji Group signed a $3.4 billion private credit deal, a person familiar with the matter said, marking the biggest of its kind in the country.
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1 month ago |
flipboard.com | Saikat Das |Nic Querolo
1 hour agoHow India Hit Pak Hard And Decimated Its Already Shattered Economy To Rubble: S Gurumurthy ExplainsHow India Hit Pakistan Hard And Decimated Its Already Shattered Economy To Rubble: S Gurumurthy Explains S. Gurumurthy discusses the transformative impact of Operation Sindoor, highlighting its role in bolstering India's defense capabilities and reinforcing national confidence.
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1 month ago |
bloomberg.com | Saikat Das |Nic Querolo
Residential and commercial buildings in Mumbai, India, on Monday, Feb. 19, 2024. India recorded its best year for home sales since 2008. Photographer: Dhiraj Singh/Bloomberg(Bloomberg) -- Indian real estate and construction conglomerate Shapoorji Pallonji Group is aiming to sign a $3.4 billion private credit deal in coming hours that would be the country’s biggest ever, people familiar with the matter said.
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New from me and @amanda_albright - an eye-popping loan is keeping Saint Augustine's, one of the oldest HBCU's in the country, afloat. For @business Gift link here: https://t.co/QgIRucfjKj
RT @RetoGregori: Remarkable: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic im…
RT @zachmider: NEW: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic immigration…