HOSPITALITY FIRM OYO PLANS TO RAISE $600 MN IN DEBT FROM US INSTITUTIONAL INVESTORS

Highlights

• TLB typically matures within six to seven years and have a small repayment schedule during the term of the loan, with the remainder due on the maturity date

According to the sources, hospitality firm OYO is planning to raise a sum of $600 million in the form of debt from the US institutional investors. This funding is being raised in order to serve its existing loans said sources. It is also being said tha....