Debt syndication
Debt syndication services in India
Oogway Ventures arranges and syndicates debt for Indian companies from banks, NBFCs, private-credit funds and AIFs. The practice is led by Preetha Lohiya, who managed a US$8 billion debt portfolio in Vedanta's treasury team. We structure term loans, working-capital finance, acquisition finance, structured credit and refinancing, and run the lender process through sanction.
What's included
Debt we arrange
Term debt for capex and expansion
Long-tenor funding for new facilities and capacity, structured around the project's cash flows.
Working-capital finance
Capital to execute orders, for example ₹55 Cr to execute an existing ₹200 Cr order book.
Acquisition and buyout finance
Senior and structured debt for acquisitions, promoter buyouts and management buyouts.
Structured and private credit
Customised debt beyond bank products, such as ₹75 Cr secured against receivables, inventory and cash flows.
Refinancing
Replacing expensive or short-tenor borrowing, or moving from bank debt to private credit to extend tenor.
Capital structure advice
The right mix of senior debt, subordinated capital and equity for the business.
How we work
Debt syndication with Oogway, in four steps.
- Step 1
Assess debt capacity
How much debt the business can carry, in what form and against what security.
- Step 2
Prepare the credit case
A credit information memorandum and financial model lenders can approve.
- Step 3
Run the lender process
Approach the right banks, NBFCs, private-credit funds and AIFs in parallel.
- Step 4
Negotiate to sanction
Pricing, tenor, covenants and security, through sanction and documentation.
When you need it
When companies come to us for debt syndication
- Growth has outrun your existing bank limits
- You are building a new facility or expanding capacity
- You are financing an acquisition or a buyout
- Your borrowing is expensive or too short-term
- Your bank cannot fund the full requirement
Common questions
Debt syndication: frequently asked questions
What is debt syndication?
Debt syndication is arranging a loan for a company from one or more lenders. The arranger works out how much debt the business can support, structures it, prepares the credit information lenders need, approaches suitable lenders and negotiates terms through to sanction.
Should we borrow from a bank, an NBFC or a private-credit fund?
Banks usually offer the lowest cost for standard term and working-capital loans. NBFCs can be faster and more flexible. Private-credit funds and AIFs fund situations banks find hard, such as acquisitions, promoter buyouts, growth ahead of limits or complex security. Many financings combine more than one.
What do lenders need to see?
Audited financials, projections, details of existing borrowings and security, the purpose of the loan and the promoter group's track record. Banks typically also ask for CMA data for working-capital limits.
Can you refinance our existing debt?
Yes. We refinance debt on better terms or with a different capital provider, for example replacing expensive short-term borrowing with longer-tenure institutional debt.
How is structured credit different from a normal loan?
Structured credit is designed around specific assets and cash flows, such as receivables or an order book, rather than a standard bank product. It suits companies whose needs or security don't fit conventional lending.