According to the Bank’s website, the proposed transaction entails an investment of up to US$100 million of senior secured A Loan to SRF Limited. The proceeds of the loan provided by IFC shall be used for financing capital expenditure towards specific identified projects in the Company’s specialty chemicals business, all at Dahej in the state of Gujarat being undertaken at a capital expenditure of US$112 million.
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Vice President & Head - Treasury
SRF Limited, Block C, Sector 45, Greenwood City, Gurgaon-122003
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