IIFCL initiates $1.8 bn external commercial borrowing fundraising programme
State-owned India Infrastructure Finance Company Ltd (IIFCL) has kick-started its USD 1.8 billion External Commercial Borrowing (ECB) fund-raising programme by mobilising USD 200 million through international markets. The mobilisation marks the first milestone in IIFCL's broader international fund-raising programme, following government approval to raise about USD 1.8 billion through ECBs, the company said in a statement on Sunday. The company is pursuing opportunities across international fina…



