FINANCING PLAN18 Sep 2018 09:44
IIP announced on 31 July 2018, that it had entered into conditional proposed financing agreements for up to US$125 million with PSA International, a global port group, and Gateway Partners (the "Proposed Financing"). The transaction includes the issue of convertible preference shares in Distribution Logistics Infrastructure India, Distribution Logistics Infrastructure Limited's ("DLI") parent company, for a consideration of US$75 million and the sale of 24% of DLI by the Group for a consideration of US$50 million (the "Proposed Financing").
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so accordidng to RNS IIP will get now $121mil before 18 october and out of that it will pay Cedar Valley and co loans -