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Kotak Fund set to acquire its first road asset

Kotak Fund set to acquire its first road asset SECTIONS Share Synopsis KSSF is taking control of the project by settling the dues of this company through a one-time settlement. The deal is likely to be completed before the end of this month. Banks are taking about a 50% haircut in this deal, one of the two persons cited above said. KSSF did not reply to an email seeking comment. Agencies Representative Image Kotak Special Situations Fund (KSSF) the $1 billion investor in distressed assets is close to taking control in Telengana based HKR Roadways a special purpose vehicle (SPV) building the 207 kms Hyderabad-Karimnagar-Ramagundan highway.

India s Kotak Special Situations Fund invests in AGS Transact

India s Kotak Special Situations Fund invests in AGS Transact
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