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25 unicorns in 8 months

25 unicorns in 8 months
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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Oyo secured $660Mn in debt funding from Institutional Investors

Oyo secured $660Mn in debt funding from Institutional Investors
techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.

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OYO: Eye on revival, Oyo secures $660 million debt

ETtech
Illustration: Rahul Awasthi
Oyo Hotels & Homes has closed a debt financing round of $660 million from global institutional investors to service existing loans, according to people aware of the company’s aim to recover from the disruption caused by the pandemic’s second wave.
Wall Street investors such as Fidelity, Citadel Capital Management and Varde Partners have subscribed to Oyo’s term loan B (TLB), sources told ET.
Oyo did not confirm the name of the participating investors but said its TLB was “oversubscribed” almost 1.7 times, with a total commitment of nearly $1 billion.
On the back of strong interest from these institutional investors, Oyo increased the offering size by 10% to $660 million, from $600 million initially. This resulted in the whole financing being raised at an interest rate of 825 basis points, compared to the initial price guidance of 850 basis points, the company said. ....

United Kingdom , Abhishek Gupta , Ritesh Agarwal , Oyo Hotels Homes , Oyo Hotels , Citadel Capital Management , Varde Partners , Southeast Asia , Once India , ஒன்றுபட்டது கிஂக்டம் , அபிஷேக் குப்தா , ரித்தேஷ் அகர்வால் , ஓயோ ஹோட்டல் வீடுகள் , சாப்ட் பேங்க் , ஓயோ ஹோட்டல் , கோட்டை மூலதனம் மேலாண்மை , வர்தே கூட்டாளர்கள் , தென்கிழக்கு ஆசியா , ஒரு முறை இந்தியா ,

Ant may dilute Paytm stake

Ant may dilute Paytm stake
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Ant Group may not be able to participate in
Paytm s IPO. Now, sources tell us the Chinese company will probably reduce its 30.33%
stake in Paytm s parent firm ahead of its IPO. Read on to find out why.
Also in this letter:
Old RBI rule takes bite out of
Zomato IPO
Ant Group likely to sell a sixth of its Paytm stake before IPO
China’s Ant Group is likely to sell at least a sixth, or 16.67%, of its 30.33% stake in One97 Communications, the parent company of Paytm, ahead of the fintech firm’s initial public offering in November, sources told us. ....

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citadel advisors holdings

citadel advisors holdings
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