Tag: TLB Funding

OYO raises $660 mn through its maiden TLB funding

OYO, has 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 institutional investors. The company will utilize these funds to retire its past debts, strengthen the balance sheet and other business…