Private equity fund BanyanTree Growth Capital – II has announced the completion of an Rs750m ($11.6m) investment in coconut oil producer KLF Nirmal Industries.

Both the companies involved in the transaction are based in India.

"The transaction will increase Alexandria’s issued and paid-up capital to EGP164.4m ($9.08m)."

Korean snack and biscuit producer Orion has issued corporate fixed-rate coupon bond, maturing on 29 May 2022, to raise KRW50bn ($44.58m).

Egypt-based Alexandria Flour Mills & Bakeries has announced plans to raise EGP124.4m ($6.86m) in a rights offering.

The transaction will increase Alexandria’s issued and paid-up capital to EGP164.4m ($9.08m).