Some of the leading banks and financial institutions who have extended commitment letters to IIHL are JP Morgan, Standard Chartered Bank, Barclays, Apollo Global Management, Varde Partners, and Farallon Capital.IIHL
The Hinduja Group arm, IndusInd International Holding Ltd. (IIHL), which emerged the highest bidder for Reliance Capital in the recently concluded auction, is firmly in the driver's seat as the company has already received Rs 50,000 crore worth .
IIHL plans to fund the Rs 10,000 crore Reliance Capital acquisition through a combination of debt and equity. The debt-equity ratio is estimated to be 80:20.
IIHL receives Rs 50,000 cr financial offers from overseas lenders for Reliance Capital acquisition canindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canindia.com Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], February 22 (ANI/NewsVoir): In the context of the Prestigious Global Investors Summit, that is scheduled to happen in Vishakhapatnam on the 3rd and 4th of March, Minister for Finance & Planning, Commercial Taxes, Legislative Affairs, Skill Development & Training, Industries, Infrastructure, Investment & Commerce; Information Technology, Buggana Rajendranath along with K Sunita, IAS Principal Secretary, Handlooms & Textiles and Y S R Rajeev Kumar, Head Investment Promotion, Andhra Pradesh Economic Development Board, met the top industrialists in the country and invited them to the Global Investors Summit on behalf of the Chief Minister Y S Jagan Mohan Reddy. A delegation led by Minister for Finance & Planning, Commercial Taxes, Legislative Affairs, Skill Development & Training, Industries, Infrastructure, Investment & Commerce; Information Technology, Buggana Rajendranath meets and invites top Industrialists in the country to the