KKR funds $22m Air Works bolt-on
KKR has provided Air Works India Engineering with INR1.2 billion ($22 million) of structured debt financing to help fund its acquisition of Dubai-based private aviation specialist Empire Aviation Group (EAG).
Air Works also used internal accruals to finance the bolt-on, which is designed to increase its footprint in the Middle East and provide superior aircraft management services to its customers in India....
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