Epic Research

Tuesday, July 23, 2013

Epic Update : L&T



Epic Update L&T FinanceL&T incorporated Special Purpose Vehicle (SPV), L&T Metro Rail (Hyderabad) is reportedly planning to raise Rs 1000 crore for financing its Hyderabad Metro Project. The company is in talks with IIFCL and is planning to achieve this through the ECB route, which would help the company avail long term finance for a period of 25 years and at a lower interest rate saving around 5%. 


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