Infra funds to get a push with escrow first charge
Raj Kumar Ray: New Delhi, Dec 06 2012, 04:03 IST
recognised stock exchange. IDFs can also extend a term loan to the concessionaire for an amount not exceeding 50% of its total exposure to the concessionaire and such a loan will be treated like a bond.
The tripartite agreement will cease if the company opts for early bond redemption.
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