Bain Capital Gets Buyout Loan for Indian Auto Parts Maker Dhoot

Bain Capital LP has obtained a $136 million loan to finance its acquisition of a minority stake in Dhoot Transmission Group, an Indian manufacturer of automotive parts, according to people familiar with the matter.

The five-year facility is split into a $111 million term loan and a $25 million revolving credit facility, said the people, who asked not to be identified discussing private matters.

Five banks including DBS Group Holdings and HSBC Holdings Plc have been appointed as mandated lead arrangers and bookrunners of the deal, the people said. The borrowing is being syndicated to a limited number of ...