HOEC raises senior debt facilities from HDFC Bank
| Target | HOEC |
| Deal Type | Debt & Equity Financing |
| Buyer | HDFC Bank |
| Territory | India |
| Transaction Description | HOEC raised ~$19m (INR 1.5bn) from India’s leading bank, HDFC Bank Ltd. The funds will be utilized to operationalize their B80 field, located off the western coast of India. The field at full capacity will produce 8,000 boepd. Unaprime was the arranger for the senior debt facilities |
| Industry Sector | Industrials |
| ICFG Office | Mumbai |
