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

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

By Sreeja Biswas

  • 22 Apr 2024
Premium
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 ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News