The company is in talks with investors to raise $500 million in the coming weeks through a bond issue to partly refinance $606 million of outstanding 13.875% notes maturing in 2028. This is a re-tap of the bonds raised in September and the instrument is likely to be priced around 10.2%, where the bond is trading.
Helloji Holidays shares to list today. Check GMP ahead of debut
Helloji Holidays is set to list on the BSE SME platform on December 9. The company’s IPO saw strong demand, closing 30.16 times subscribed. Despite