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OYO Hits Pause on IPO, Plans to Refile After Refinancing: Sources

So its prudent to withdraw the current application, he added.The refinancing will extend the repayment timeline to five years versus the repayment of the remaining TLB due in 2026 the source said.The bond issuance would significantly lower the current effective interest rate of 14 per cent on its existing USD 450 million Term Loan B TLB facility.The refinancing is expected to result in annual interest savings of USD 8-10 million Rs 66.4-83 crore in the first year, after accounting for the costs associated with the bond issuance.

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OYO Withdraws DRHP, To Refile IPO Post Refinancing

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said. JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated interest rate of 9 to 10 per cent per annum, a source said.

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Initial public offering (IPO) | OYO withdraws draft red herring prospectus, to refile IPO post refinancing: Sources

Initial public offering (IPO) | OYO withdraws draft red herring prospectus, to refile IPO post refinancing: Sources
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

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Oyo to refile its IPO? Read more here

Oyo to refile its IPO? Read more here
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Oyo To Refile Its IPO Papers Post-Refinancing Existing Loan

New Delhi, May 18 (IANS) Hospitality major Oyo will refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Bo

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