New Delhi: Hospitality major Oyo will refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Board of India (SEBI)
India Business News: Oyo is set to refile its IPO after completing refinancing plans, as per sources. The company aims to raise up to $450 million through dollar bonds, wi
OYO IPO: In preparation for the refinancing, OYO has already moved its application with markets regulator SEBI to withdraw its current draft red herring prospectus (DRHP). The company intends to refile an updated version of the DRHP, after the bond issuance.
Softbank-backed OYO, a prominent player in the international travel technology market, is on the brink of executing a strategic refinancing plan aimed at raising up to USD 450 million through the issuance of dollar bonds.