Government of India, Asian Development Bank and the India Infrastructure Finance Company Ltd sign a $240 Million Loan Agreement for the Third and Final Tranche of the Second India Infrastructure Project Financing Facility (IIPFF II) to Stimulate Infrastructure Development through Public-Private Partnership Investments. https://www.taxtmi.com/news?id=2988 The parties executed a loan agreement delivering a third tranche under the multi tranche IIPFF II, advancing long term funds to IIFCL on a back to back basis with a sovereign guarantee from the Government of India. The loan has a 25 year term, five year grace period and interest under ADB's LIBOR based lending facility. Funds are designated to catalyse private sector participation via PPPs and finance roads and a power subproject to improve project viability, access to infrastructure services and employment outcomes. en-us Thu, 22 Mar 2012 10:21:04 +0530 Thu, 22 Mar 2012 10:21:04 +0530 TaxTMI RSS Generator Government of India, Asian Development Bank and the India Infrastructure Finance Company Ltd sign a $240 Million Loan Agreement for the Third and Final Tranche of the Second India Infrastructure Project Financing Facility (IIPFF II) to Stimulate Infrastructure Development through Public-Private Partnership Investments. https://www.taxtmi.com/news?id=2988 The parties executed a loan agreement delivering a third tranche under the multi tranche IIPFF II, advancing long term funds to IIFCL on a back to back basis with a sovereign guarantee from the Government of India. The loan has a 25 year term, five year grace period and interest under ADB's LIBOR based lending facility. Funds are designated to catalyse private sector participation via PPPs and finance roads and a power subproject to improve project viability, access to infrastructure services and employment outcomes. News - Thu, 22 Mar 2012 10:21:04 +0530 https://www.taxtmi.com/news?id=2988