MAPLETREE Logistics Trust (MLT) has made its first move into sustainable financing with a S$200 million sustainability-linked loan from OCBC Bank to be used for general working capital, the manager said in a statement on Thursday. The six-year committed revolving credit facility is designed with reference to MLT’s rooftop solar installation programme for its […]
NSEFI representation to RBI on ECB and restrictions on refinancing of Rupee Loans – RBI Response
NSEFI representation to RBI on ECB and restrictions on refinancing of Rupee Loans – RBI Response For more information please see below link:
Sterling & Wilson Solar promoters fail to honour loan commitment
Sterling and Wilson has sought more time to repay loans worth Rs 2.341 crore. Mumbai: The promoters of Sterling and Wilson Solar (SWSL), Shapoorji Pallonji Group and Khurshed Yazdi Daruvala, failed to honour their commitments made during the initial public offering (IPO) in August and sought more time from the company’s board to repay loans […]
Bankers remain cautious over lending to corporates
On Wednesday, SBI chairman Rajnish Kumar said if other banks cease to lend to infrastructure projects, it only means a fresh opportunity for SBI. The continuing stress on the balance sheets of a large swathe of companies appears to have made bankers cautious about lending to the corporate sector. Four of the largest banks — […]
PFC inks loan pact for Euro 200 Million with KfW
The PFC will on-lend these funds for development of the distribution infrastructure of state-owned companies, a PFC statement said. State-run Power Finance Corporation (PFC) on November 1 said it has signed an agreement with German development bank KfW for a 200 million euro loan. The PFC will on-lend these funds for development of the distribution […]
Suzlon offers to sell majority stake to Brookfield for settling loans
Suzlon has offered a one-time settlement proposal to its lenders that entails potential stake sale to Brookfield that would infuse additional equity in the company. Mumbai: Suzlon EnergyNSE 10.99 % has told its lenders that Canadian investor Brookfield is keen to acquire majority stake in it, which would help the cash-strapped renewable energy company settle […]
