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OYO in talks with Apollo to refinance $660m loan before IPO
Reading Time: 2 minutesIndia: Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660 million loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO].
Parkdean Resorts in talks over £600m refinancing instead of sale
Reading Time: 2 minutesUK: Holiday park group Parkdean Resorts is said to be in talks with bankers over a £600 million refinancing after turning its back on a prospective sale