Rajvi Resorts and Hotels Private Limited has raised structured debt finance

June 2023 — Rajvi Resorts and Hotels Private Limited has completed a successful fundraising.

Rajvi Resorts and Hotels operates a five-star Radisson hotel based in Kandla, India. The property spans 10 acres of land and is easily accessible from Kandla Airport. It has 161 rooms, including deluxe rooms, presidential suites and villas.

Our role in the transaction

With its mature businesses demonstrating growing profitability and an efficient business model, Oaklins’ team in India designed and implemented a structure to allocate the entire raised amount at the operating company level and fully retire the debt at the holding company level. Since debt was allocated across various group entities, a structure was devised to route cash flow surpluses to cash-deficient areas, along with cross-collateralized securities. The lender underwrote a performing and growing business with predictable cash flows, strong collateral backing and a solid promoter profile. This transaction demonstrates the team’s deep expertise in optimizing fundraising for stable operating infrastructure assets, including hotels.