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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Infrastructure India Plc | LSE:IIP | London | Ordinary Share | IM00B2QVWM67 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.035 | 0.02 | 0.05 | 0.035 | 0.02575 | 0.035 | 0.00 | 08:00:20 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | -2.2M | -140.03M | -0.2053 | 0.00 | 204.63k |
From Apr 2019 to Apr 2024
TIDMIIP TIDMTTM
RNS Number : 0576F
Infrastructure India plc
15 May 2017
15 May 2017
Infrastructure India plc
("IIP" or the "Company")
Update re Working Capital Loan
Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India provides the following update.
On 6 April 2017, IIP announced that the maturity date of the fully drawn US$17 million working capital loan facility (the "Loan") provided to the Company by GGIC, Ltd ("GGIC") in April 2013 had been extended to 9 June 2017. The Company does not currently have sufficient cash resources to repay the Loan and the extension enabled IIP to continue its discussions with GGIC in relation to refinancing the Loan and with respect to the Company's other capital needs.
The Company confirms that progress is being made in its discussions with GGIC in relation to refinancing the Loan as well as the Company's other capital needs and a further update will be provided, as appropriate, in due course.
Enquiries:
Hot Features
Premium
Infrastructure India plc www.iiplc.com
Sonny Lulla Via Cubitt Consulting
Smith & Williamson Corporate Finance Limited
Nominated Adviser & Joint Broker
Azhic Basirov / Ben Jeynes +44 (0) 20 7131 4000
Nplus1 Singer Advisory LLP
Joint Broker
Gillian Martin - Corporate Finance
James Waterlow - Investment Fund Sales +44 (0) 20 7496 3000
Cubitt Consulting Limited
Financial Public Relations
Simon Brocklebank-Fowler +44 (0) 20 7367 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
UPDATMFTMBMBBMR
(END) Dow Jones Newswires
May 15, 2017 02:00 ET (06:00 GMT)
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