5th Feb 2019 18:41
LONDON (Alliance News) - Infrastructure India PLC said its has agreed extensions to the maturity of its USD53.4 million bridge loan and USD21.5 million working capital loan.
The loans were provided to the infrastructure fund by Cedar Valley Financial and GGIC Ltd respectively. Infrastructure India is intending to undertake financing in February and the repayment dates on the bridging loan has been extended to either 15 days after financing completes or February 18.
The working capital loan payment date was extended to February 18.
Shares in Infrastructure India closed flat at 1.70 pence on Tuesday.
Related Shares:
IIP.L