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Ola eyes $500 mn in US Term Loan B deal

By Swaraj Singh Dhanjal

  • 30 Nov 2021
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Ola eyes $500 mn in US Term Loan B deal
Credit: VCCircle

Bengaluru-based ride hailing and electric vehicle maker, Ola, is in talks for a $500 million debt from US investors in a so-called Term Loan B (TLB) deal, joining technology peers Oyo and Byju’s that have previously tapped this market to raise debt, said two people aware of the development. Investment banks ......

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