Kotak is lending $150 million (₹1,250 crore) under a mezzanine debt facility to Prasad at 18-20% and arranging an additional $300 million from other lenders including Edelweiss Domestic Performing Credit Fund, two people close to the development said. The Edelweiss fund is lending the money, a senior debt facility, at 10-11%.
CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an independent clinical research organization based ..
Edelweiss Alternatives acquired a 1.1-million-sq-ft IT park in Bengaluru from MFAR Developers, marking the largest buyout of office towers this year within Embassy Manyata. Subahoo Chordia manages the Rental Yield Plus Fund.
Edelweiss Alternatives acquires 100 per cent stake in LT infrastructure development projects limited torontotelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torontotelegraph.com Daily Mail and Mail on Sunday newspapers.
Edelweiss Alternatives acquires 100 per cent stake in L&T infrastructure development projects limited aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.