ஸ்வெட்டா பாத்தோடிய News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from ஸ்வெட்டா பாத்தோடிய. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In ஸ்வெட்டா பாத்தோடிய Today - Breaking & Trending Today

Oyo offers generous terms for $600 million loan


Oyo offers generous terms for $600 million loan
Top Searches
Oyo offers generous terms for $600 million loan
Bloomberg / May 21, 2021, 09:26 IST
FacebookTwitterLinkedinEMail
NEW DELHI: Oyo Hotels, one of India’s most valuable startups, is offering unusually generous terms to investors as it seeks to raise $600 million in debt, following a fresh surge of coronavirus cases in its home country that decimated travel and undercut its recovery plans.
Oravel Stays Pvt, as the parent company is officially known, is discussing with banks and investors a five-year term loan B at 850 basis points over Libor, higher than the usual guidance given for recently issued term loan Bs in the Asia-Pacific market, according to Bloomberg-compiled data. The interest rate is similar to the 875 basis points over the BBSY benchmark paid by Mission Group BidCo Pty Ltd on a seven-year term loan B signed in June 2020. ....

Masayoshi Son , Sweta Patodia , Ritesh Agarwal , Holdings Inc , Airbnb Inc , Moody Investors Service , Oyo Hotels , Softbank Group Corp , Jpmorgan Chase Co , Mission Group Bidco Pty Ltd , Mizuho Financial Group Inc , Koyo International , Stays Pvt , Investors Service , Grab Holdings , Didi Chuxing , Greenoaks Capital , Southeast Asia , ஸ்வெட்டா பாத்தோடிய , ரித்தேஷ் அகர்வால் , ஹோல்டிங்ஸ் இன்க் , ஐரபின்ப இன்க் , மனநிலை முதலீட்டாளர்கள் சேவை , ஓயோ ஹோட்டல் , சாப்ட் பேங்க் குழு கார்ப் , ஜுப்ம்ொர்கண் துரத்து இணை ,

Oyo Hotels seeks to raise $600 mn loan, offers generous terms to investors


Oyo Hotels, one of India’s most valuable startups, is offering unusually generous terms to investors as it seeks to raise $600 million in debt, following a fresh surge of coronavirus cases in its home country that decimated travel and undercut its recovery plans.
Oravel Stays Pvt, as the parent company is officially known, is discussing with banks and investors a five-year term loan B at 850 basis points over Libor, higher than the usual guidance given for recently issued term loan Bs in the Asia-Pacific market, according to Bloomberg-compiled data. The interest rate is similar to the 875 basis points over the BBSY benchmark paid by Mission Group BidCo Pty Ltd on a seven-year term loan B signed in June 2020. ....

Masayoshi Son , Sweta Patodia , Ritesh Agarwal , Holdings Inc , Moody Investors Service , Airbnb Inc , Oyo Hotels , Softbank Group Corp , Jpmorgan Chase Co , Mission Group Bidco Pty Ltd , Mizuho Financial Group Inc , Koyo International , Stays Pvt , Softbank Group , Softbank Backed Oyo , Investors Service , Grab Holdings , Didi Chuxing , Greenoaks Capital , Southeast Asia , Softbank Group Corp , Oyo Founder Ritesh Agarwal , Apan Amp Rsquos Son , ஸ்வெட்டா பாத்தோடிய , ரித்தேஷ் அகர்வால் , ஹோல்டிங்ஸ் இன்க் ,