Asian alternatives firm PAG strikes $137-mn private credit deal in India

By Beena Parmar

  • 02 Sep 2020
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Credit: Thinkstock

Hong Kong-based alternative investment firm PAG, recently in news for cofounding a pharma platform and striking a deal related to Edelweiss units, has done a private credit transaction in India. PAG has given out Rs 1,000 crore ($137 million) worth of debt to Edelweiss Financial Services by subscribing to redeemable non-convertible debentures ......

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