SAMHI Hotels in talks to raise ₹1,000 crore from Cerberus Capital
![](https://img.etimg.com/thumb/msid-87498221,width-1070,height-580,imgsize-28786,overlay-economictimes/photo.jpg)
The expected proceeds will be used to repay existing loans. The funding will be through a mix of non-convertible debentures and optionally convertible debentures with a tenure of 3-5 years, said one of the people.
via Economictimes
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