Real estate developer Prestige Estates Projects (NSE:PRESTIGE, BOM:533274) has agreed to provide a corporate guarantee for a loan facility being availed by its wholly-owned subsidiary Prestige (BKC) Realtors, according to a Monday filing to the Indian bourses.
Prestige (BKC) plans to secure a loan facility of up to 21.1 billion Indian rupees from the State Bank of India (NSE:SBIN, BOM:500112) and Catalyst Trusteeship.
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