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.
| Company Name | CMP |
|---|---|
| Indian Hotel | 659.55 |
| ITC Hotels | 162.45 |
| EIH | 321.55 |
| Chalet Hotels | 778.90 |
| Mahindra Holi.&Resor | 272.70 |
| View more.. | |
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