The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for conversion of Working Capital Term Loan
(WCTL) amounting to Rs.
Shijiazhuang Construction Investment Group, a city-government owned investment firm, has commissioned China Construction Bank to disburse a working capital term loan
of approximately USD3.
1m working capital term loan
of Indian capital goods developer Lokesh Machines Ltd.
5m working capital term loan
, INR60m cash credit, INR500,000 bank guarantee and INR24.
Cash credit limit interchangeable with working capital term loan
(WCTL), working capital demand loan, and export finance
0 Million Working Capital Term Loan
3m) term loan, INR180m cash credit limits and INR349m working capital term loan
, as well as a F3(ind) rating to its INR1.
Though the CDR package has not stated anything on its German arm - REpower directly, but lenders state that Suzlon might require dilution of its stake in REpower or lift fresh equity in view of its obligation to refund Rs 2,500 crore worth of working capital term loans
within March 2016.