Broad Structure of Proposed Infrastructure DEBT funds (IDFs) Finalized; IDFs -- A Novel Attempt to address the Issue of Sourcing Long term DEBT for Infrastructure Projects; RBI to Issue Regulations for Setting-up of IDFs on Company Route.

Broad Structure of Proposed Infrastructure DEBT funds (IDFs) Finalized; IDFs -- A Novel Attempt to address the Issue of Sourcing Long term DEBT for Infrastructure Projects; RBI to Issue Regulations for Setting-up of IDFs on Company Route. https://www.taxtmi.com/news?id=1940 Proposed Infrastructure Debt Funds (IDFs) may be set up as SEBI regulated trust mutual fund schemes or RBI regulated company entities; trust IDFs issue long maturity rupee units, invest at least 90% in infrastructure debt with credit risk borne by investors and pass through returns, while company IDFs issue long maturity bonds, invest only in PPP project debt with buyout guarantees after one year of operation, bear project credit risk, and may receive prudential relief and credit enhancement to attract long term institutional investors. en-us Fri, 24 Jun 2011 17:05:44 +0530 Fri, 24 Jun 2011 17:05:44 +0530 TaxTMI RSS Generator Broad Structure of Proposed Infrastructure DEBT funds (IDFs) Finalized; IDFs -- A Novel Attempt to address the Issue of Sourcing Long term DEBT for Infrastructure Projects; RBI to Issue Regulations for Setting-up of IDFs on Company Route. https://www.taxtmi.com/news?id=1940 Proposed Infrastructure Debt Funds (IDFs) may be set up as SEBI regulated trust mutual fund schemes or RBI regulated company entities; trust IDFs issue long maturity rupee units, invest at least 90% in infrastructure debt with credit risk borne by investors and pass through returns, while company IDFs issue long maturity bonds, invest only in PPP project debt with buyout guarantees after one year of operation, bear project credit risk, and may receive prudential relief and credit enhancement to attract long term institutional investors. News - Fri, 24 Jun 2011 17:05:44 +0530 https://www.taxtmi.com/news?id=1940