Tag: Asset Sales

Unitech in talks with PEs to raise $500 m via debt issue

Unitech is planning to raise $300-500 million through an issue of convertible debt instruments to multiple private equity investors. According to a person with direct direct knowledge of the company‚Äôs plan, Unitech, which is desperately looking for a cash infusion to repay a debt of Rs 2,700 crore in three months, is holding negotiations with […]