RBA Raises Rs5bn for Expansion
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Restaurant Brands Asia raises $60m as MIT becomes largest investor

81% Informative
Restaurant Brands Asia ( RBA ) has raised $ 60 m in a qualified institutional placement ( QIP ) Massachusetts Institute of Technology ( MIT ) emerging as the single largest investor.
MIT has invested Rs920m in the issue as a foreign portfolio investor.
The funds will be used for opening new stores in India , reducing our debt, strengthening our balance sheet and for general corporate purposes.
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