Chennai-based hospitality firm, Oriental Hotels (OHL) in which the Taj Group owns 34.47 percent stake, is planning to raise Rs 100 crore via 3-year bonds at 10.40 percent semi-annual coupon. The sole arranger to the deal is Yes Bank.
Oriental Hotels has a portfolio of eight hotels with a room inventory of 836 rooms, located across four states in South India. The flagship hotels for the company are Taj Coromondal, Chennai and Vivanta by Taj - Fisherman’s cove, Chennai.
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Name of the IA registered
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The Alchemists Ark Pvt. Ltd. |
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Trade/Brand
Name of IA: |
MoneyWorks4Me Investment Advisers |
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Brand Logo:
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SEBI Registration Number:
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INA000013323 Validity – May 16, 2019 – Perpetual |
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Non-Individual |
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1187 |
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Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com |
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