Infrastructure India PLC

IIP

IM00B2QVWM67

Closed End Funds

Market Closed - London S.E. Other stock markets 11:35:10 2024-04-26 am EDT			5-day change	1st Jan Change
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Apr. 15	Infrastructure India notes recall notice for project debt	AN
Mar. 28	Develop North net asset value down amid rising rates	AN

Infrastructure India extends loan maturity date by one month to April

March 30, 2023 at 06:46 am EDT

(Alliance News) - Infrastructure India PLC on Thursday said it agreed an extension to the maturity date of the term loan provided by IIP Bridge Facility LLC, an affiliate of GGIC Ltd to May 1 from April 1.

The AIM-listed, India-focused infrastructure fund said the four-year term loan was agreed by its wholly owned Mauritian subsidiary Infrastructure India Holdco in April 2019, carrying an interest of 15% per year.

In August, the loan amount was increased by around USD6 million to around USD111 million. All other terms and conditions remained the same, it said.

As announced late last month, Infrastructure India is engaged in discussions with several third parties regarding the potential sale of its largest asset Distribution Logistics Infrastructure Ltd.

The extension to the maturity date of its term loan enables it to remain focused on these discussions to sell Distribution Logistics Infrastructure, Infrastructure India said.

Shares in Infrastructure India were flat at 0.30 pence each in London on Thursday morning.

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Infrastructure India PLC

Infrastructure India notes recall notice for project debt	Apr. 15	AN
Develop North net asset value down amid rising rates	Mar. 28	AN
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Infrastructure India PLC Reports Earnings Results for the Half Year Ended September 30, 2023	Mar. 27	CI
Infrastructure India PLC Reports Earnings Results for the Full Year Ended March 31, 2023	Mar. 26	CI
Infrastructure India to extend maturity of debt facilities	Mar. 04	AN
Infrastructure India PLC Provides Update on Debt Facilities	Mar. 04	CI
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Infrastructure India in Early Talks to Sell Majority Stake in Distribution Logistics Infrastructure	Feb. 29	MT
Infrastructure India no longer selling Distribution Logistics	Feb. 15	AN
Infrastructure India extends debt facility maturity dates	Jan. 15	AN
Infrastructure India Secures Further Debt Facilities Extension Amid Delay in Asset Sale	Jan. 15	MT
Infrastructure India plc Announces Debt Facilities Update	Jan. 15	CI
Infrastructure India says disposals nearing completion	Dec. 19	AN
Infrastructure India Nears Completion of Two Asset Disposals	Dec. 19	MT
Infrastructure India agrees loan maturity extensions	Dec. 15	AN
Infrastructure India PLC Announces Debt Facilities Update	Dec. 15	CI
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Helium One says Tai-3 rig temporarily shut down	23-10-30	AN
Infrastructure India Secures Extension of Debt Maturities until Mid-December	23-10-30	MT
Infrastructure India PLC Announces to Agree an Extension to the Maturity Dates of All Its Debt Facilities	23-10-30	CI
Infrastructure India shares temporarily suspended	23-10-02	AN
Infrastructure India's annual report release to be delayed	23-09-25	AN
Infrastructure India agrees USD10 million equity asset sale	23-09-06	AN

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Company Profile

Infrastructure India PLC is an Isle of Man-based closed-end investment company investing in core economic infrastructure. The Companyâs portfolio includes Distribution Logistics Infrastructure Limited (DLI), Shree Maheshwar Hydel Power Corporation Limited, Indian Energy Limited (IEL) and India Hydropower Development Company, LLC (IHDC). DLI is a national, infrastructure based, rail-linked logistics company, which develops warehousing capacity and the capability to deliver integrated supply chain solutions. Shree Maheshwar Hydel Power Corporation Limited has an approximately 400 megawatts (MG) (ten 40MW turbines) hydroelectric plant, which is located at Mandaleshwar, approximately 108 kilometers southwest of Indore in Madhya Pradesh. IEL is an independent power producer with two operating wind farms with 41.3 MW capacity. IHDC is a developer of small hydro projects, with six operational projects (62 MW) and an additional 24MW under advanced development or construction.

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2024-12-19 - Q2 2025 Earnings Release (Projected)

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Sector Closed End Funds

	1st Jan change	Capi.
INFRASTRUCTURE INDIA PLC	-93.00%	298K
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SPROTT PHYSICAL SILVER TRUST	+14.36%	4.51B
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