Topic
financing
Logistics Pelagic Credit Completes $47.4m Sale-and-Leaseback of Three Hartmann Handysize Bulkers
Oslo-listed Pelagic Credit has closed a $47.4 million sale-and-leaseback transaction for three Hartmann-controlled handysize bulkers, marking its entry into the dry bulk sector. The vessels will be chartered back to Hartmann on seven-year bareboat contracts, adding over $107 million to Pelagic Credit's backlog.
Manufacturing Apple Entry, New Launches, Financing May Boost Foldable Phone Market in India
Apple is preparing to enter the foldable smartphone market in India, challenging Samsung's dominance. Counterpoint Research projects foldable shipments in India to exceed 650,000 units in 2026, an 8% increase, even as the overall market shrinks. New launches and financing options are expected to further boost the segment.
Manufacturing Auto Financiers Urge Industry to Embed Financing Seamlessly into Car Sales Process
Speaking at the FADA Finance and Insurance Summit 2026 in Mumbai, auto financiers urged the industry to move beyond generic EMI products toward embedded finance that integrates digital credit at the point of sale. Rajan Pental of Yes Bank noted that while customers arrive fully informed about cars, the multiplicity of lenders delays transactions. India's auto finance market remains dominated by traditional loans, with leasing at about 1.5% and subscription at 0.1%, contrasting with maturing platform-led models in Europe and the US.
E-Commerce & Marketplaces Samsung Leads India Smartphone Sales via EMI Financing, Counterpoint Report Finds
Samsung is India's leading smartphone brand for EMI purchases, followed by Vivo and Apple, according to Counterpoint Research. Financing will account for 42% of smartphone sales in 2026, up from 35% in 2025, as rising component costs push prices higher. NBFCs support 67% of financed sales, especially in Tier-2 and Tier-3 cities.
Finance Bank of Baroda and Mizuho Bank Form Strategic Partnership for M&A Financing and Cross-Border Banking
Bank of Baroda and Mizuho Bank have entered a strategic partnership to jointly pursue M&A financing, structured lending, and cross-border corporate banking. The tie-up combines Mizuho's global network and structured finance expertise with Bank of Baroda's domestic franchise and corporate relationships, following Mizuho's acquisition of a 60% stake in Avendus Capital in December 2025. The collaboration includes joint origination, structuring, co-underwriting, and syndication of acquisition finance, as well as advisory on select M&A deals and a preferred channel for sub-participation and secondary risk distribution.
Finance Understanding the True Cost of Truck Financing
Truck financing costs extend beyond monthly payments, encompassing total interest over the loan term. Understanding amortization and interest structure is crucial for accurate cost assessment.