3B Advanced Composites Privated Limited has raised debt financing
3B Advanced Composites Private Limited has successfully completed a fundraising.
3B Advanced Composites, a wholly-owned subsidiary of Goa Glass Fibre Limited, has been constructing one of India's largest glass fiber facilities. The debt financing raised will be used to support this greenfield project. Goa Glass Fibre is primarily engaged in the manufacture and sale of glass fiber products.
Oaklins’ team in India provided advisory services to 3B Advanced Composites on this debt financing. Given the size of the project compared to the existing plant, the team structured the deal with an optimal security arrangement and interest rate.
Talk to the deal team
Related deals
Manolete 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 moreHC Partners has successfully secured debt financing for the acquisition of West Friesland Dakbedekkingen
Dutch private equity firm HC Partners has formed a strategic partnership with West Friesland Dakbedekkingen B.V. (WFD). This marks HC Partners’ entry into the roofing sector, with plans to build a national platform of regional roofing specialists.
Learn moreEllomay Capital has issued bonds
Ellomay Capital Ltd. has issued bonds to raise capital for its renewable energy projects, marking an important milestone in the company’s financing strategy.
Learn more