State Bank of India

State Bank of India - MIGA Covered Financing

Borrower(s)
State Bank of India
Industry
Renewable energy/PV solar
Area of finance
Development Bank Finance
Region
South Asia
South Asia
Countries
India

Project Overview

MIGA has issued a guarantee of $317.5 million for the loan to the State Bank of India. The guarantee will protect against the risk of non-honoring of financial obligations by a state-owned enterprise for up to ten years. This collaboration between MIGA and SBI is aimed at refinancing a $500 million...

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Deal Volume
$317.5m
Financial Close
12/06/2024
Dealmakers
Nagar Shantanu

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Jerome Schneider

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Tranches

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