Prestige Estates Projects Debt & Borrowing: ₹400 Cr
Prestige Estates Projects issued a Corporate Guarantee of up to Rs. 400 Crore to its wholly-owned subsidiary, Prestige Hospitality Ventures, for an Axis Bank loan.
- Value
- ₹400.0 Cr
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Prestige Estates Projects issued a Corporate Guarantee of up to Rs. 400 Crore to its wholly-owned subsidiary, Prestige Hospitality Ventures, for an Axis Bank loan.
Prestige Estates Projects Limited issued a corporate guarantee of up to ₹750 Crore for a loan availed by its subsidiary, Prestige Falcon Mumbai Realty Ventures Private Limited.
Prestige Estates Projects issued a Rs. 370 Crore corporate guarantee for Axis Bank loans to its subsidiary. This creates a contingent liability for the company.
Prestige Estates issued a corporate guarantee up to ₹450 Crore for its subsidiary, Prestige Projects Private Limited. The facility is provided by Bajaj Housing Finance Limited.