Clix Cos sells Coffee Day Enterprises unit principal outstanding of Rs 107 crore to Phoenix ARC

Apollo Global Management-backed Clix Capital and Clix Finance have sold their exposure in an entity to Phoenix ARC Pvt Ltd at a discount of 19%, two people with knowledge of the matter said. The two finance companies jointly sold the original loan of Rs 107 crore in Coffee Day Hotels and Resorts for Rs 87 … Read more