{"id":362079,"date":"2020-07-09T11:59:47","date_gmt":"2020-07-09T06:29:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362079"},"modified":"2020-07-09T12:26:05","modified_gmt":"2020-07-09T06:56:05","slug":"lt-finance-arm-closes-100-million-external-commercial-borrowing-from-asian-infrastructure-investment-bank","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-finance-arm-closes-100-million-external-commercial-borrowing-from-asian-infrastructure-investment-bank\/","title":{"rendered":"L&amp;T Finance arm closes $100-million external commercial borrowing from Asian Infrastructure Investment Bank"},"content":{"rendered":"<p>L&amp;T Infrastructure Finance Company, a subsidiary of L&amp;T Finance, has bagged a $100-million external commercial borrowing (ECB) loan from Asian Infrastructure Investment Bank (AIIB). The company has received the first tranche of $50 million, of the total $100 million ECB, it said in a release. The loan proceeds will be used to on-lend to large and mid-scale wind and solar power infrastructure projects in India.<\/p>\n<p>Dinanath Dubhashi, MD and CEO of L&amp;T Finance, said, \u201cInvestments from an organisation like AIIB, that follows a stringent due diligence process of the company\u2019s capacity, viability, past performance and regulatory compliances before any investments, reiterates our commitment to green project financing.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>L&amp;T Infrastructure Finance Company, a subsidiary of L&amp;T Finance, has bagged a $100-million external commercial borrowing (ECB) loan from Asian Infrastructure Investment Bank (AIIB). The company has received the first tranche of $50 million, of the total $100 million ECB, it said in a release. The loan proceeds will be used to on-lend to large and mid-scale wind and solar power infrastructure projects in India. Dinanath Dubhashi, MD and CEO of L&amp;T Finance, said, \u201cInvestments from an organisation like AIIB, that follows a stringent due diligence process of the company\u2019s capacity, viability, past performance and regulatory compliances before any investments, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,197,138],"tags":[],"class_list":["post-362079","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=362079"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362079\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}