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The Economic Times

Economy / The Economic Times

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Avaada seeks $800 million to refinance Brookfield Asset Management debt

Avaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public market listing. The funds will come from offshore loans and local bonds. This refinancing will replace part of the debt from Brookfield Asset Management. Avaada is expanding its renewable energy and manufacturing businesses.

28 May 2026 12:38 am