Exim Bank enters into an agreement with the SBM (Mauritius) to provide an additional LoC of USD 190 million

Exim Bank has entered into an agreement with the SBM (Mauritius) Infrastructure Development Company Ltd (SBMIDCL) to provide a supported Line of Credit (LoC) of USD 190 million. The agreement has been entered for the purpose of financing its participation through Redeemable Preference Shares in public sector entities for implementing the ongoing Metro Express Project and other infrastructure projects in Mauritius.Exim Bank has entered into an agreement with the SBM (Mauritius) Infrastructure Development Company Ltd (SBMIDCL) to provide a supported Line of Credit (LoC) of USD 190 million. The agreement has been entered for the purpose of financing its participation through Redeemable Preference Shares in public sector entities for implementing the ongoing Metro Express Project and other infrastructure projects in Mauritius.taxmann.com Latest Statutory HappeningsRead More

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