CAM, Talwar Thakore, Link Legal lead on Goldman Sachs-led group 1,300 crore investment in GVK Airport Unit

Bar & Bench June 6 2019
GVK - Mumbai airport

A Goldman Sachs-led group of investors has pumped Rs 1,300 crore into GVK’s airport development unit that could help the company tide over upcoming debt repayments. Goldman Sachs has invested in nonconvertible debentures (NCDs) of the group’s airport holding company, which houses its 50.5 percent stake in MIAL.

Some of the funds will be used to replace loans taken by the Hyderabad-headquartered company from Yes Bank and HDFC Bank, reported

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