IDFC, SBI Caps tie up for funding infrstructure proj

New Delhi, June 16: The Infrastructure Development Finance Company (IDFC) Limited and SBI Capital Markets Limited (SBI Caps) have entered into a Memorandum of Understanding for syndication of debt financing in the infrastructure sector.

The debt financing would involve project loans, corporate loans, issuance of bonds and debentures, subordinate debts, mezzanine debts.

'' The agreement enables both IDFC and SBI Caps to capitalise on their respective strengths to co-operate in syndication of debt financing for the Infrastructure Sector and to enable efficient capital raising for infrastructure companies and quicker financial closure for large infrastructure projects,'' IDFC said in a statement.

UNI