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Udaan announces $160-million structured financing round - The Economic Times
Around $45 million will come as debt from US asset management giant BlackRock's credit platform, while the remainder involves certain bondholders converting their debt into equity in the Bengaluru-based company.
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economictimes.indiatimes.com
Udaan announces $160-million structured financing round - The Economic Times
Around $45 million will come as debt from US asset management giant BlackRock's credit platform, while the remainder involves certain bondholders converting their debt into equity…
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Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claim
Blackrock, worlds largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include upfront cash payouts, issuance of new…
