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Srei Infra zooms 20% on EOI for capital infusion for SEFL - The Hindu BusinessLine
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Srei Equipment Finance receives EoI for up to $250 million capital infusion
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Srei Equipment Finance receives EoI from global investors to infuse up to $250 m
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Srei Equipment Finance receives expression of interest for up to USD 250 million capital infusion from international PE funds
Posted On: 2021-04-08 08:16:13 (Time Zone: Arizona, USA)
Srei Equipment Finance Limited ( SEFL ) today said that it has received expression of interest for up to USD 250 million capital infusion in the company. The international private equity ( PE ) funds are USbased Arena Investors LP and Singapore s Makara Capital Partners.
The company s Strategic Coordination Committee ( SCC ), chaired by Mr. Malay Mukherjee, Independent Director, will coordinate, negotiate and conclude discussions with the PE investors to bring the capital into the business and advise the management. Ernst & Young ( E&Y ) will be advising the committee on the proposed fund raising exercise.
Srei Eqpt Finance gets $250 mn equity infusion offer from global PE funds
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