Founder of Brookfield-backed Avaada seeks $750 million loan
· economictimes.indiatimes.com
Avaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existing $1 billion credit facility. Several international banks are in talks to underwrite this significant debt deal. Avaada Group is also considering an initial public offering for its solar cell unit.
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