BRIEF-Elysian at Harmony says raises $15.5 million in equity financing
* Elysian at Harmony LP says raises $15.5 million in equity financing - SEC filing Source text: (http://bit.ly/2rHDrWQ)
MUMBAI Feb 20 U.S. private equity firm TPG Capital is to sell part of its stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to raise about $300 million, according to a term sheet seen by Reuters.
TPG, which owns about 20 percent of Shriram Transport, is selling the shares for 715 rupees to 755.95 rupees, a discount of up to 5.4 percent on Wednesday's closing price, the term sheet - an outline agreement - showed on Wednesday.
While TPG's stake in Shriram Transport will fall to about 10 percent on the planned stake sale, it may sell a larger stake, the term sheet said without giving detail.
Goldman Sachs is the bookrunner for the deal, it said.
* Synlogic Inc says raises $42 million in equity financing - SEC filing Source text: (http://bit.ly/2rHsKU9)
NEW YORK, May 26 "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year.