Goldman Sachs-backed SAMHI Hotels may refile DRHP for Rs 1,900 crore IPO

ET had reported in November 2021 that SAMHI was in talks with distressed assets investor Cerberus Capital to raise Rs 1,000 crore in structured debt. The proceeds would have been used to repay the company’s existing loans. At that time, SAMHI had a consolidated debt of about Rs 2,200 crore.

Goldman Sachs-backed SAMHI Hotels may refile DRHP for Rs 1,900 crore IPO
ET had reported in November 2021 that SAMHI was in talks with distressed assets investor Cerberus Capital to raise Rs 1,000 crore in structured debt. The proceeds would have been used to repay the company’s existing loans. At that time, SAMHI had a consolidated debt of about Rs 2,200 crore.