Edelweiss Alternatives

Hinduja rejigs fundraise plan for Reliance Capital deal

by
Hinduja rejigs fundraise plan for Reliance Capital deal

Mumbai: Hinduja Group, the winning bidder for Reliance Capital (RCap), has reworked its fundraising plan by splitting it into two blocks: domestic and overseas. The group is looking to raise ₹7,500 crore funds from a mix of domestic and overseas private credit funds at 15%. Domestically, Hinduja plans to raise ₹3,500 crore from investors, including … Read more

Vatika Hotels: Edelweiss Alternatives lends Rs 700 cr to Vatika Hotels to refinance existing debt

by
Vatika Hotels: Edelweiss Alternatives lends Rs 700 cr to Vatika Hotels to refinance existing debt

Mumbai: Edelweiss Alternatives has lent ₹700 crore to Vatika Hotels, which owns The Westin Gurgaon, by partly buying out existing debt from Piramal Group and Goldman Sachs India, said people aware of the development. Vatika Hotels (VHPL), established in April 2004 in New Delhi, is a special purpose vehicle (SPV) under the umbrella of the … Read more