The funds which Tata Communications aims to raise under the framework - around $1 billion - would be used for refinancing existing loans as well as structuring fresh loans, the people said. Adherence to the SSL targets typically brings a pricing benefit, in the form of a lower rate of interest. Missing the targets results in a higher interest.
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Tata Commmunications taking sustainable route for $1 billion fundraising goal
Tata Commmunications taking sustainable route for $1 billion fundraising goal
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