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
Skandia, QlinQ and Elma have been acquired out of THR’s bankrupcy by Euretco, A.S.F. Fischer, Wiltec
Following THR’s bankruptcy, its proprietary brands Skandia, QlinQ and Elma, including all inventory items and IP rights, have been sold to Euretco, A.S.F. Fischer and Wiltec respectively.Learn more
ALC Schools has been acquired by Palladium Equity Partners
Palladium Equity Partners, L.L.C. has acquired ALC Schools, LLC and Red Rock Technology, LLC (combined, ALC), a mission-driven provider of alternative transportation solutions to school districts in the US, from affiliates of American Logistics, LLC.Learn more
Byron Energy Limited has entered into a Promissory Note with Crimson Midstream for US$15million
Byron Energy Limited (Byron) has entered into a Promissory Note with Crimson Midstream Holdings LLC (Crimson) to finance the construction of a production platform.Learn more