India: Hinduja Leyland Finance in talks with investors to raise $100m

India: Hinduja Leyland Finance in talks with investors to raise $100m

Photo by Josh Appel on Unsplash

Hinduja Leyland Finance Ltd (HLFL), the captive financing arm of commercial vehicle maker Ashok Leyland, is in talks with potential investors to raise up to $100 million in primary equity, two people aware of the development said, requesting anonymity.