Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer
Advertisement

Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

By Shubhobrota Dev Roy

  • 06 Oct 2023
Premium
Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer
Credit: 123RF.com

Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a media report said.   Oyo Hotels has approached Apollo Global Management Inc to refinance its loan as it seeks more time to reduce its debt after its initial public offering got delayed, Bloomberg reported, citing ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement