Paska Hotels Private Limited has raised US$11 million in structured debt financing
Paska Hotels Private Limited has completed a fundraising of US$11 million in structured debt.
The company has a strong presence in the hotel industry. Its assets include one operating hotel in Goa, India, with 135 rooms, as well as the soon-to-be-opened hotel property in Bangalore, India, with a proposed 209-room capacity. In addition to this, the promoter is engaged in OFC maintenance services.
The group had been faced with significant financial challenges and needed a solution to refinance existing debt. A bullet payment was due in the intermediate term and the debt-to-EBITDA ratio was relatively stretched. The mandate was to convert this debt into a sustainable structure with extended tenure.
Oaklins’ team in India successfully orchestrated a strategy to refinance the debt owed to the existing lender from tier-I NBFCs, securing improved pricing and extended repayment terms. This approach was specifically designed to alleviate short-term liquidity pressure and enhance cash flow stability. The solution provided the client with a financial cushion to support future growth and stability, effectively easing past financial strains and enabling a positive trajectory for operational and financial recovery.
Contacter l'équipe de la transaction
Saurabh Sarayan
Oaklins VantagePoint
Transactions connexes
Nuzoa has acquired Dinazoo
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Dinazoo. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
En apprendre plusNuzoa has acquired Siloal
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Siloal. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
En apprendre plusSurcos has completed a liability managament process
The shareholders of Surcos have completed a liability management process, which includes the issuance of US$5 million and a debt exchange totaling US$20 million.
En apprendre plus