HighNeutral
Announced Sat, 4 Jul · 10:05 IST

Inspira seals Rs 1,800-crore private credit for Burger King buy in India

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Inspira, owned by the Ajanta Pharma promoter family, is raising about Rs 1,800 crore in private credit to acquire Burger King India through its food and beverage arm Lenexis Foodworks. Of this amount, Rs 1,050 crore has already been raised via non-convertible debentures issued by Lenexis Foodworks, with the remaining Rs 800 crore expected to be raised this month. Restaurant Brands Asia, the listed entity, currently operates the Burger King quick-service restaurant chain in India.