India: IFC to provide up to $40m debt to Tata Cleantech Capital

India: IFC to provide up to $40m debt to Tata Cleantech Capital

International Finance Corp (IFC) has agreed to provide $40 million worth senior debt to Tata Cleantech Capital Ltd (TCCL).

TCCL will subscribe to secured non-convertible debentures, structured as a green bond, to be issued by the company, according to a disclosure.

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