Debt Debt financing
Bain Capital gets $136-M loan to buy stake in Dhoot Transmission
Bain Capital LP has obtained a USD 136 million loan to finance its acquisition of a minority stake in Aurangabad-based Dhoot Transmission Group , a manufacturer of automotive parts. The five-year facility is split into a USD 111 million term loan and a USD 25 million revolving credit facility. Five banks including DBS Group Holdings and HSBC Holdings Plc have been appointed as mandated lead arrangers and bookrunners.
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In Jan 2025, Dhoot Transmission had attracted a commitment of about USD 50 M from Bain Capital.For FY24, Dhoot Transmission had reported about INR 2,644 Cr in Operating Income and about INR 211 Cr in PAT.