{"id":308956,"date":"2020-01-06T11:44:19","date_gmt":"2020-01-06T06:14:19","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=308956"},"modified":"2020-01-06T11:44:19","modified_gmt":"2020-01-06T06:14:19","slug":"jindal-steel-promoter-opj-trading-raises-funds-from-centrum-credit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jindal-steel-promoter-opj-trading-raises-funds-from-centrum-credit\/","title":{"rendered":"Jindal Steel promoter OPJ Trading raises funds from Centrum Credit"},"content":{"rendered":"<p>MUMBAI : OPJ Trading Pvt. Ltd, the main promoter entity of Naveen Jindal\u2019s Jindal Steel and Power Ltd (JSPL) has raised around \u20b9180 crore in fresh debt from Centrum Credit Opportunities Fund, said a senior executive of the fund.<\/p>\n<p>OPJ Trading owns a 18.4% stake in JSPL.<\/p>\n<p>\u201cOPJ Trading is raising around \u20b9180 crore primarily to repay existing debt at this entity. The transaction has been originated, structured and funded by us. We have funded the first tranche of around \u20b935 crore through our Centrum Credit Opportunities Fund,&#8221; said Rakshat Kapoor, fund manager and chief investment officer of CCOF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI : OPJ Trading Pvt. Ltd, the main promoter entity of Naveen Jindal\u2019s Jindal Steel and Power Ltd (JSPL) has raised around \u20b9180 crore in fresh debt from Centrum Credit Opportunities Fund, said a senior executive of the fund. OPJ Trading owns a 18.4% stake in JSPL. \u201cOPJ Trading is raising around \u20b9180 crore primarily to repay existing debt at this entity. The transaction has been originated, structured and funded by us. We have funded the first tranche of around \u20b935 crore through our Centrum Credit Opportunities Fund,&#8221; said Rakshat Kapoor, fund manager and chief investment officer of CCOF.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-308956","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=308956"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308956\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}