Grapevine: Oyo to refinance debt as IPO delayed; Tata-Pegatron deal moves ahead
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Grapevine: Oyo to refinance debt as IPO delayed; Tata-Pegatron deal moves ahead

By Sreeja Biswas

  • 22 Apr 2024
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Grapevine: Oyo to refinance debt as IPO delayed; Tata-Pegatron deal moves ahead
Credit: 123RF.com

Oyo Hotels is in talks to raise up to $450 million (Rs 3,755 crore) through dollar bonds to replace a high-cost loan, after the Indian startup faced delays in its stock-market debut, a media report said.   Oravel Stays Ltd., Oyo's parent company, is in discussion with bankers for the bonds to ......

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