Profit

HEG to raise upto $150 mn from PE

PUBLISHED ON: September 14, 2009 | Duration: 5 min, 12 sec

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Ravi Jhunjhunwala, MD of HEG, said, that the company is close to signing a term sheet with private equity players to raise $100-$150 million. He also said that HEG's debt equity ratio stood at a strong 1.4.
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