The proposed project consists of investment in Security Receipts (SR) issued by one or more trust(s) set up by Encore Asset Reconstruction Company Private Limited (EARC) and in non-convertible debentures issued by EARC. The poject aims to help defaulted retail/MSME (Micro, Small, and Medium Enterprise) debtors in India to get back into the credit system and thus regain access to much needed finance.
Encore Capital Group (ECG) is the main sponsor of the Encore Asset Reconstruction Company. ECG is a US-based NASDAQ listed company and together with its subsidiaries, provide debt recovery solutions and other related services for consumers across a range of financial assets worldwide.
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For inquiries about the poroject
Encore Asset Reconstruction Company Private Limited
Director Legal & Business Affairs, Encore India
+91-124-4530300, Extn. 2137
15th Floor, Eros Corporate Tower, Nehru Place, New Delhi - 110019, INDIA
For inquiries and comments about IFC
General IFC Inquiries
2121 Pennsylvania Avenue, NW
Washington DC 20433
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