GIC Private Limited Provides IRB Infrastructure Interim Financing

Posted on 12/17/2019


Singapore’s GIC Private Limited lent Rs 700 crore to IRB Infrastructure, as an interim loan (non-convertible debenture) before its full investment in the IRB Infrastructure Trust. The other 700 crore debenture as subscribed by IBR Infrastructure, a subsidiary of IBR Group. The debentures will be a current interest rate of 11.75 per year. A few […]