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Funding and debt● Neutral for Prestige Estates

Prestige Estates issues corporate guarantee of up to ₹750 crore for subsidiary loan

1 source · first seen 17:34 26 Sept · updated 17:34 26 Sept

The brief

Written from 1 report · check the source before you trade
  • Prestige Estates guaranteed up to ₹750 crore for a subsidiary’s loan from ICICI Bank
  • The guarantee supports Prestige’s Mumbai subsidiary borrowing while adding contingent exposure for Prestige Estates shareholders

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Read the reports

1 report · earliest 17:34
CNBC-TV18Prestige Estates issues corporate guarantee of up to ₹750 crore for subsidiary loan17:34