Company updateMoneycontrol
Jindal Power taps banks for $470m Botswana loan
Neutral0
GreyOak summary
Jindal Power Ltd. secured a $470 million nine-year offshore loan from Axis Bank, ICICI Bank, and Exim Bank to fund a power project in Botswana. This financing supports the company's overseas expansion, complementing a previous $500 million raise.
What it affects
- Axis BankAXISBANKNeutral 0
Provided syndicated loan facility.Rolling sentiment Neutral +2
Source
Read the original at MoneycontrolMore Axis Bank news
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