Medium Term Finance
ICD provides Term Finance for expanding existing enterprises, establishing new companies and for project implementation. ICD is approached by a sponsor or group of sponsors to finance new or existing projects. ICD is Underwriting, lead arranging or participant in term financing projects.
ICD’s financing amount cannot exceed 40% of the Project’s total costs (for Greenfield projects) or 50% (for Brownfield projects). The financing amount will be used for a specific purpose (expansion, new production lines, purchase of machinery, etc.). The average size of financing is between US$ 10 -20 million with a tenure of 4-7 years.
The minimum size is US$ 5m. ICD finances the feasible projects which has competent management, sound corporate governance framework and a clear developmental impact