Essel Group in talks to raise $400 million to refinance debt
Mumbai, Jan. 9 -- Subhash Chandra-promoted Essel Group is in talks with investors to raise as much as $400 million in a structured credit transaction, two people directly aware of the development said, requesting anonymity. The group will raise funds to refinance a part of the promoter debt which will mature over the next few quarters, they added....
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