ICICI hospitality asset Delta Corp. raises $62.6 million
ICICI Ventures-backed hotel and casino owner Delta Corp. is looking to raise INR285.5 crore ($62.6 million) via the sale of convertible warrants to a group of unidentified buyers.
According to local reports, Delta Corp. will issue the warrants at INR51 ($1.12) a share, compared to its latest trading price of INR70 ($1.54). ICICI is also set to receive an additional INR39.45 crore...
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