Jagatjit Industries raises Rs.265 cr. in debt funding

Date posted: Friday 12 January 2018

Indian-made foreign liquor firm Jagatjit Industries has raised Rs.265 cr. structured debt funding from Indiabulls Commercial Credit Ltd, part of Indiabulls Group. The funds will retire the debt of US private equity giant KKR’s lending arm and UBI, adding that it will also address the working capital for marketing and business development requirements.

(Money Control)