HDFC Ltd. (HDFC) marked the completion of the USD 1.1 billion Syndicated Social Loan Facility for the financing of affordable housing in Indian on August 5, 2022. The loan has been priced competitively at a margin of 90 bps over SOFR (Secured Overnight Financing Rate). This transaction marks several meaningful milestones, including India’s largest social financing issuance, the largest social loan globally, the first social ECB loan out of India and the largest ECB loan deal from a Housing Finance Company/ private NBFC in India. Significant role in 'Housing for All' Deepak Parekh, Chairman, HDFC Ltd, said, “Affordable housing is a critical component of quality infrastructure as also a growth driver for the real estate industry and the economy at large given its strong linkages to nearly 300 industries. It contributes to capital formation, employment, and income opportunities. A boost to affordable housing will play a significant role towards the ‘Housing for All’ objective … [Read more...] about HDFC announces a milestone $1.1 billion social loan for affordable housing
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Launched Pre-COVID, A Psychedelics Company Finds Its Sweet Spot In Being –And Staying- Remote
Share to Twitter Share to Linkedin When the COVID-19 pandemic hit the world in March 2020, most companies were forced by this unprecedented health crisis to work remotely. For Cybin, a developer of psychedelics for patients with mental health disorders, working from home was always on the agenda. And, unlike other companies that have returned to the office or adopted hybrid schedules, Cybin, which launched in 2019, has no plans anytime soon to change its work model. As Lori Challenger, Cybin's chief compliance, ethics and administrative officer explained, the challenges that have frustrated other companies when it comes to working remotely, have only made Cybin thrive and grow. Since starting the company with a skeletal staff of 10, Cybin has expanded into an international team of 50 plus workers. The momentum isn’t abating. Last week, Cybin, which currently trades on the New York Stock Exchange under the ticker symbol “CYBN,” announced it would be rolling out … [Read more...] about Launched Pre-COVID, A Psychedelics Company Finds Its Sweet Spot In Being –And Staying- Remote
A Travel Company So Discerning They Even Smell Their Tour Guides
Share to Twitter Share to Linkedin Gyde and Seek is a travel platform that does not believe in travel as usual. I confirmed this in Mexico this summer after becoming addicted to the customized, socially-conscious private touring company that operates in 20-plus cities internationally. If you haven’t tried it, you really should. Paco is a former professional bullfighter and ex-Olympic chess prodigy who’s as at home in Mexico City’s ballet folklórico scene as he is taking visitors to lucha libre . In colonial Puebla, Maria knows the best hidden spots for baroque dishes, like chiles en nogada, but her true passion is tacos árabe. Then there’s Salvador , who will elucidate Toltec ruins in Tula or the Aztec glyphs of Tepotzotlán but can go deep on Chicago blues, too. The company was co-founded by Vanessa Guibert Heitner, a veteran travel planner, and her friend Andrea Guthrie, a business strategist who grew up living around the world with her … [Read more...] about A Travel Company So Discerning They Even Smell Their Tour Guides