Educate India

Transaction Type: Debt or Bond
Country: India
Employment: N/A
Jobs Saved: N/A
Opportunity Detail: Debt or Bond
Loan Seeker
Institutes - Educational , Training
Institutes Educational, Training
N/A
US$ 49m
The group bid for US$ 70.14, 100% voting by CoC has taken place in favor of the group’s promoter, and the group now seeks to raise structured investment of US$ 49 Mn, to settle the admitted claims of financial creditors and operational creditors and to improve infrastructure of these schools. The group is looking to raise debt funding for the same, and would be open to diluting a minority stake in the company.