All agreed loans

India. Srei Equipment Finance Ltd.

Date of loan: 26 Nov 2018
Country: India
Customer: Srei Equipment Finance Ltd.
Amount in EUR: EUR 20 million
Maturity: 8 years
NACE sector / loan type: Loan programme
Business area: Financial institutions and SMEs

Project

The loan programme has been provided to finance the acquisition and leasing of industrial equipment developed by NIB member country companies to enterprises in the construction sector in India.

Srei Equipment Finance is one of India’s leading construction and mining equipment financiers. The company is also active in other sectors, such as used equipment, rural-, IT- and healthcare infrastructure.

Fulfilment of NIB's mandate

The funds from the programme are earmarked for financing the acquisition and leasing of industrial machinery and equipment developed by NIB member country companies.

Sustainability summary

Projects to be financed through a financial intermediary must fulfil the sustainability requirements defined in NIB’s Sustainability Policy and Guidelines.