Real estate developer TARC Ltd raised Rs 1,000 crore from a consortium led by Kotak Mahindra Bank, at 12.75% interest, to refinance existing debt and secure Rs 250 crore additional working capital. Projects TARC Kailasa and TARC Tripundra's cash flows anchor the refinancing.
from Banking/Finance-Industry-Economic Times https://ift.tt/ceRJX10
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