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The Economic Times
The Economic Times
Business

IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing

New Delhi: State-owned Indian Railway Finance Corporation (IRFC) on Monday signed an agreement with L&T Metro Rail (Hyderabad) Ltd to refinance the debt obligations of the Hyderabad Metro Rail project.

Under the agreement, IRFC will provide a term loan of Rs 13,527 crore to refinance the debt obligations of the Hyderabad Metro Rail project.

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