Awfis Space Solutions Secures INR800 Million Term Loan from ICICI Bank

MT Newswires Live

06/03

Awfis Space Solutions (BOM:544181) has secured a Rupee Term Loan facility of 800 million Indian rupees from ICICI Bank (BOM:532174, NSE:ICICIBANK), including a dropline overdraft limit of 300 million rupees, according to a Monday filing on the local bourse.

The funds will support capital expenditures for existing centres, establish new centres, and reimburse eligible expenses.

The loan principal will be repaid in up to 48 equal monthly installments, starting from the first tranche disbursement on June .

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