Take over of existing loan with enhancement for a University
Out client had reduced cash flow for next 3 years while instalment repayment ballooned during that period
- Decline in new intake of students in a particular stream
- Decline in revenue and profits over last 3 years
- Significant ballooning of loan instalment in near future
- Additional loan required for construction of new academic block for new courses offered.
Term loan of 50.00 crore for 10 years term for repayment of existing debt and expansion
