Infrastructure India plc has arranged and extension of a working capital loan and a US$8 million loan
Infrastructure India plc has completed a fairness opinion on a further extension of the US$17 million working capital loan facility provided to the company in April 2013 by GGIC, Ltd, and has agreed a US$8 million unsecured bridging loan facility with Cedar Valley Financial, an affiliate of GGIC. The existing loan has been extended from 10 July 2017 to 30 September 2017.
Infrastructure India 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.
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