Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Oyo hotels seeks $450 Mn bond sale for refinancing
short by Pratham Nagpal / on Saturday, 20 April, 2024
Oyo Hotels is planning to secure up to $450 Mn through dollar bonds as it seeks to replace an existing high-cost loan amid delays in its stock-market debut. As per reports, Oyo’s parent company Oravel Stays Ltd is in talks with bankers for raising $350 Mn-$450 Mn to repay its term loan B, which is due in 2026.
read more at inc42.com