L&T Infrastructure Finance Receives $50 Million from AIIB to Fund Renewable Projects

This amount is the first tranche of the AIIB’s $100 million loan to the Indian non-banking finance corporation

July 8, 2020

/ Nithin Thomas
/ Finance and M&A, Other
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L&T Infrastructure Finance Company Limited (LTIF), an Indian non-banking financial company (NBFC), announced that it had received the first $50 million (~₹3.72 billion) of a $100 million (~₹7.43 billion) external commercial borrowing (ECB) loan from the Asian Infrastructure Investment Bank (AIIB) to fund renewable lending in India.

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Nithin Thomas

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AIIBBorrowingsCommercialECBLoanLTLTIFNBFC
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