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Prestige Group may raise Rs 1k cr to refinance costly debt

by pulseadmin February 13, 2025, 7:19 am 190 Views

Mumbai: Bangalore based real estate developer, Prestige Group is in advanced stage to raise ₹1,050 crore from a clutch of lenders, led by Kotak Mahindra Bank, at 10.81% to refinance high-cost borrowing from Yes Bank. Prestige is currently developing a project in New Delhi’s Aerocity.

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Prestige Group may raise Rs 1k cr to refinance costly debt

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