Pakka Limited has raised structured debt financing
Pakka Limited has successfully completed a fundraising.
Pakka Limited is one of India’s largest manufacturers of regenerative packaging, including compostable molded tableware products for food carry solutions. This sustainable packaging is made from agricultural residue, with 90% of the raw materials sourced locally from agricultural waste. The company’s manufacturing facility in Uttar Pradesh employs over 450 people and operates three paper machines, with a combined production capacity of 39,100 MTPA.
Oaklins’ team in India advised the client on raising US$27 million in pre-equity financing in three tranches to fund equity for overseas expansion.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreStones Infra Projects has raised debt finance
This transaction marked a successful debt raise to fund Oleander Farms’ growth. Strategically located in Karjat between Mumbai and Pune, this five-star resort caters to luxury travelers, MICE (meetings, incentives, conferences and exhibitions), weddings and large-scale events. The rising demand for additional room inventory to host sizable gatherings, along with the scarcity of large-format resorts in the region, were key drivers behind raising capital to accelerate expansion.
Learn moreManolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn more