EQT Gets $162 Million Loan for Payout to Indira IVF Stakeholders
Swedish private equity firm EQT AB has obtained an around $162 million loan to finance a payout to shareholders of India's fertility services provider Indira IVF, which it owns a majority stake in, according to people familiar with the matter.
Some 16 banks participated in the loan including BNP Paribas SA, HSBC Holdings Plc, DBS Group Holdings Ltd. and several Taiwanese lenders, one of the people said, who asked not to be identified discussing a private matter. The facility carries a six-year tenor, the people said.
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