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The Nordic Investment Bank (NIB) and Srei Equipment Finance Limited have agreed on a loan programme for financing acquisition, leasing of industrial equipment designed or produced by NIB’s member countries.
The new loan programme totals €20 million and has a maturity of eight years. The funds from the programme will be used to finance acquisitions and leasing of industrial equipment, a press release by SEFL said.
SEFL is a wholly-owned subsidiary of Srei Infrastructure while NIB is an international financial institution owned by eight member countries that include Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
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