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
Ecosun Expert has been acquired by TSG Group
The successful acquisition of Ecosun Expert by TSG Group has been completed.
Learn moreAES Andes has sold 100% of Empresa Eléctrica Ventanas to Quintero Energía
Aligned with its transformational strategy toward a renewable portfolio, AES Andes has successfully completed the sale of Empresa Eléctrica Ventanas to Quintero Energía.
Learn moreSunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn more