Infrastructure India plc has arranged an extension of a working capital loan
Infrastructure India plc has completed a fairness opinion on a further extension of the US$43.4 million unsecured bridging loan facility provided to the company by Cedar Valley Financial, and an extension of an existing US$21.5 million working capital loan facility with GGIC, Ltd. The maturity date of the bridging loan has been extended to 18 October 2018. Infrastructure India plc has also agreed an extension of the working capital loan such that the maturity of the loan has been extended from 17 September 2018 to 18 October 2018.
Infrastructure India plc is an AIM quoted fund investing in assets in the Indian infrastructure sector, with particular focus on assets and projects related to energy and transport.
Oaklins Smith & Williamson, based in the UK, acted as Nominated Advisor (Nomad) to Infrastructure India plc in this transaction and on an ongoing basis.
Talk to the deal team
Brian Livingston
Oaklins Evelyn Partners
Related deals
Energy Solutions UK Ltd. has acquired Oceanic Systems (UK) Ltd.
Energy Solutions UK Ltd., a marine electrical systems supplier, has completed the acquisition of marine monitoring and control systems manufacturer, Oceanic Systems (UK) Ltd. The acquisition is designed to expand Energy Solutions’ marine technology offerings, particularly supporting their growth in marine hybrid propulsion systems.
Learn moreDHL Global Forwarding has sold its specialized fine art logistics business to MTAB AB
Following a review of the current business environment, DHL Global Forwarding has decided to divest its Norwegian fine art business to MTAB.
Learn moreACTEAM ENR has been acquired by Butagaz Group
Butagaz Group has acquired ACTEAM ENR as part of a wider strategy to expand their solar energy portfolio.
Learn more