OYO IPO: Hospitality technology firm withdraws draft papers, to refile after refinancing: Report

OYO set to refile IPO after refinancing to raise up to USD 450 million via dollar bonds. JP Morgan expected as lead banker at 9-10% interest rate. Parent company prepaid ₹1,620 crore debt, reducing outstanding loan balance to USD 450 million.

OYO IPO: Hospitality technology firm withdraws draft papers, to refile after refinancing: Report
OYO set to refile IPO after refinancing to raise up to USD 450 million via dollar bonds. JP Morgan expected as lead banker at 9-10% interest rate. Parent company prepaid ₹1,620 crore debt, reducing outstanding loan balance to USD 450 million.