3B Advanced Composites Privated Limited has raised debt financing
3B Advanced Composites Private Limited has successfully completed a fundraising.
3B Advanced Composites, a wholly-owned subsidiary of Goa Glass Fibre Limited, has been constructing one of India's largest glass fiber facilities. The debt financing raised will be used to support this greenfield project. Goa Glass Fibre is primarily engaged in the manufacture and sale of glass fiber products.
Oaklins’ team in India provided advisory services to 3B Advanced Composites on this debt financing. Given the size of the project compared to the existing plant, the team structured the deal with an optimal security arrangement and interest rate.
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