PE firm KKR looks to steady ship, focus on controlling debt structures

A week after he stepped down from the board of the embattled Coffee Day Enterprises or CDEL (which runs Café Coffee Day), Sanjay Nayar, the country head of global heavyweight private equity firm KKR, said the investment firm will now ensure deeper diligence and tighter control on debt structures. While the focus has been on Gautam Thapar-led CG Power and Café Coffee Day, private equity analysts said that at least half a dozen KKR-financed firms that have defaulted on loans classify as non-performing assets (NPAs) and these include Sintex, JBF Industries, and Kwality Dairy.&.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.