Brookfield invests ₹1,225 crore in IndoStar

Date posted: Friday 3 July 2020

Brookfield Business Partners L.P., along with its institutional partners, has invested ₹1,225 crore in Indostar Capital Finance Ltd., a non-banking financial company (NBFC) promoted by Everstone Group. “This investment not only provides equity funding, but also access to new debt financing via Brookfield’s relationships with financial institutions,” said R. Sridhar, executive vice-chairman and CEO, IndoStar Capital Finance Ltd.

(The Hindu)