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
Managing DirectorLondon, United Kingdom
Oaklins Smith & Williamson
SIT S.p.a. has acquired Janz CGF S.A.
SIT S.p.A. has completed the acquisition of 100% of Janz-Contagem e Gestão de Fluídos S.A. (Janz), a consolidated Portuguese player specialized in manufacturing residential water meters. The price, excluding cash and debt, amounts to US$34.3 million. An earn-out of up to US$1 million is also stipulated on the basis of achieving certain targets in 2021.Learn more
Weber Logistics partners with Stellex Capital to position itself for growth
The shareholders of Weber Logistics have sold the company to Stellex Capital Management.Learn more
Team Tankers’ European division has been acquired by De Poli Tankers
Team Tankers International has sold its European division to De Poli Tankers Holding BV.Learn more