OYO raises $660 mn through its maiden TLB funding from leading institutional investors, Oversubscribed 1.7 times
OYO, has today announced that it has raised a TLB funding of $660 million from global institutional investors. The offer was oversubscribed by 1.7 times and the company received commitments of close to $1 bn from leading institutional investors. The deal was upsized and increased by 10% to $660mn, the company’s fundamentals yielded strong interest…