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Nic Querolo

New York

Reporter at Bloomberg News

@business reporter covering municipal bonds, state and local governments. [email protected], all views my own

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Articles

  • KKR-Backed InCred’s Private Credit Arm to Raise $174 Million

    1 week ago | bloomberg.com | Saikat Das |Nic Querolo

    The KKR & Co. logo on a smartphone. Photographer: Gabby Jones/Bloomberg(Bloomberg) -- The credit arm of KKR & Co.-backed shadow lender InCred Financial Services plans to raise 15 billion rupees ($174 million) through a new fund to tap growing demand for private credit, according to a company executive.

  • KKR-Backed InCred’s Private Credit Arm to Raise $174 Million

    1 week ago | news.bloomberglaw.com | Saikat Das |Nic Querolo

    The credit arm of KKR & Co.-backed shadow lender InCred Financial Services plans to raise 15 billion rupees ($174 million) through a new fund to tap growing demand for private credit, according to a company executive. InCred Alternative Investments Pvtwill lend to small and mid-size companies, preferably those backed by institutional investors, Saurabh Jhalaria, group’s chief investment officer, said in an interview last week.

  • KKR-Backed InCred’s Private Credit Arm to Raise $174 Million

    1 week ago | news.bloombergtax.com | Saikat Das |Nic Querolo

    The credit arm of KKR & Co.-backed shadow lender InCred Financial Services plans to raise 15 billion rupees ($174 million) through a new fund to tap growing demand for private credit, according to a company executive. InCred Alternative Investments Pvtwill lend to small and mid-size companies, preferably those backed by institutional investors, Saurabh Jhalaria, group’s chief investment officer, said in an interview last week.

  • India Weighs Bankruptcy Law Changes to Streamline Court Cases That Drag On

    1 month ago | bloomberg.com | Nic Querolo |Saikat Das

    The Indian government is considering changes to its bankruptcy laws, including streamlining court processes, amid growing concerns over lengthy proceedings and low recovery rates. The Insolvency and Bankruptcy Board of India is finalizing a set of proposals aimed at speeding up resolution. Public consultation is set to end Tuesday, though the deadline may be extended.

  • Shapoorji Group in talks with credit funds for record $3.3 bn pvt debt deal

    2 months ago | business-standard.com | Saikat Das |Nic Querolo

    India's Shapoorji Pallonji Group is in advanced talks with top global private credit funds as it aims to raise as much as $3.3 billion in the country's biggest-ever local currency private debt deal, according to people familiar with the matter. Investors in discussion for the deal include Cerberus Capital Management LP, Davidson Kempner Capital Management and Varde Partners LP, said the people who asked not to be identified discussing private information.

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Nic Querolo
Nic Querolo @nquerolo
10 Dec 24

New from me and @amanda_albright - an eye-popping loan is keeping Saint Augustine's, one of the oldest HBCU's in the country, afloat. For @business Gift link here: https://t.co/QgIRucfjKj

Nic Querolo
Nic Querolo @nquerolo
3 Oct 24

RT @RetoGregori: Remarkable: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic im…

Nic Querolo
Nic Querolo @nquerolo
3 Oct 24

RT @zachmider: NEW: Little-known US schools are offering degrees that function as work visas in disguise — exploiting a chaotic immigration…