CreditAccess Grameen secures USD 100 mn multi-currency syndicated social loan facility

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CreditAccess Grameen Ltd. has secured a USD 100 million multi-currency syndicated social loan facility, marking a first for India’s microfinance sector. The ECB facility, comprising JPY and USD, was raised from banks in South Asia and the Far East. Standard Chartered Bank led the transaction, which adheres to CA Grameen’s Social Loan Framework.

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CreditAccess Grameen secures USD 100 mn multi-currency syndicated social loan facility

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