KKR provides $100m in structured finance to India’s Avantha
KKR has agreed to provide $100 million in long-term financing to Avantha Group in order to help the Indian conglomerate pay down debt and continue investing in its businesses. The capital will come from KKR India Financial Services, the private equity firm’s domestic non-banking finance company (NBFC).
Avantha's interests span power systems and distribution, pulp and paper, food processing, energy and infrastructure, chemicals and IT services. According to AVCJ Research, KKR previously invested in one...
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