Indian Billionaire Taps $700 Million Private Credit for Megha Buyout
An Indian billionaire is pursuing a $700 million private credit financing deal to acquire his uncle's stake in Megha Engineering & Infrastructures Ltd., marking one of India's largest transactions this year. The shareholder is tapping global private credit investors to fund the buyout, reflecting growing use of alternative financing sources for major corporate acquisitions in India.
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Indian Billionaire Taps $700 Million Private Credit for Megha Buyout
An Indian billionaire is pursuing a $700 million private credit financing deal to acquire his uncle's stake in Megha Engineering & Infrastructures Ltd., marking one of India's largest transactions this year. The shareholder is tapping global private credit investors to fund the buyout, reflecting growing use of alternative financing sources for major corporate acquisitions in India.
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