Private equity firm HCAP Partners has provided mezzanine debt to Baked in the Sun (BITS), a manufacturer of fresh and frozen products.

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

Hatsun Agro Product has reached an agreement to issue securities to institutional investors in a private placement.

The deal aims to raise up to Rs5bn ($77.82m).

Based in India, Hatsun is involved in the dairy business.