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Shapoorji Pallonji gets binding bids
Mint Kolkata
|March 19, 2025
A group of private credit funds has given binding commitments to Shapoorji Pallonji Group, which is raising as much as $3.3 billion in what could be India's biggest private credit deal, according to people familiar with the matter.
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At least a dozen funds have emailed their commitments as of last week with Ares Management Corp., Cerberus Capital Management LP, Davidson Kempner Capital Management and Farallon Capital Management
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