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.
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.
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