Srei Equipment Finance receives expression of interest for up to $250 mn capital infusion

Sumary of Srei Equipment Finance receives expression of interest for up to $250 mn capital infusion:

• SEFL’s Strategic Coordination Committee, chaired by Independent Director Malay Mukherjee, will be coordinating, negotiating, and concluding discussions with the PE investors to bring capital into the business and advise the management..
• Representational image Srei Equipment Finance Limited (SEFL) announced on April 8 that it has received expression of interest for up to $250 million capital infusion in the company from international private equity funds — United States-based Arena Investors LP and Singapore Makara Capital Partners..
• The company Strategic Coordination Committee (SCC), chaired by Independent Director Malay Mukherjee, will be coordinating, negotiating, and concluding discussions with the PE investors to bring capital into the business and advise the management..
• The SCC is running an independent process for investor identification and has received expression of interest from Arena Investors LP and Makara Capital Partners…

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From MoneyControl - 09/04/2021