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IN BRIEF: Infrastructure India to extend maturity of debt facilities

ALN

Infrastructure India PLC - infrastructure fund investing directly into assets in India - Announces that the documentation to extend the maturity of its debt facilities has been finalised. Explains the debt facilities include the term loan provided by IIP Bridge Facility LLC, the working capital loan provided by GGIC Ltd and the bridging loan provided by Cedar Valley Financial. Notes the term loan is a $119 million principal secured facility, the unsecured working capital loan is for $17 million and the unsecured bridging loan was $64.1 million in March 2019.

Current stock price: 0.56 pence

12-month change: down 99%

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