Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco

By Beena Parmar

  • 27 Aug 2021
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Credit: 123RF.com

More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, Oaktree Capital and Ares SSG have led the investment to acquire 100% debt of beleaguered Jayaswal Neco Industries Ltd,  two people aware of the development told VCCircle.   The deal was ......

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