Financial Daily from THE HINDU group of publications
Thursday, Jun 01, 2006

Cross Currency

Group Sites

Industry & Economy - Infrastructure
Corporate - Overseas Borrowings

KfW extends € 54 m credit to IL&FS

Our Bureau

Mumbai, May 31

The German bilateral KfW has extended a € 54 million Line of Credit facility to IL&FS, guaranteed by the Government, with a specific mandate to finance private sector infrastructure projects. The KfW Loan is a three-tier financing package involving German Government funds for a tenor of 40 years, market funds guaranteed by German Government for a tenor of 12 years and direct market funds for a tenor of 15 years. KfW has also agreed to provide a grant component of € 7,50,000 towards project development initiatives. The formal agreement for the loan has been signed.

More Stories on : Infrastructure | Overseas Borrowings

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Monsoon rolls down curtain of rain over west coast

Cement prices down marginally
Farm sector propels GDP growth to 8.4%
We will continue to attract FIIs: Chidambaram
India-US economic relations on a high
`Managing capital flow surge, a challenge to developing nations'
CII on manufacturing growth rate
Indo-Scandinavian trade Web site
GE chief meets Lalu, top PMO officials
Chennai to have more star hotels
KfW extends € 54 m credit to IL&FS
Tariff plan for Mumbai Metro project
Revamp of Bengal PSUs
Decision on fuel price hike next week: Deora
States urged to help smooth run of ethanol-blended petrol plan
REC to fund 500-MW thermal project
PSL lowest bidder for Dabhol-Panvel pipeline
GMR Group keen to bid for ultra mega power projects
Textile parks: Ministry gets 52 project proposals
UB Group's top 5 liquor brands valued at $1.8 b
FMCG ads come under ASCI scanner
India dominates in number of overseas students in US
Biz course from London varsity
More handsets sold than subscribers added: ICA
Biotech meet in Bangalore from June 7
Bengal plans standard rehab package
Empowering through entrepreneurship
Two CSE brokers suspended

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line