Buyers' Credit

Best buyers credit deals for week ended    20 Nov, 2015   (bps pa)
Tenor LIBOR Over USD
10 mn
USD 5 mn
to 10 mn
USD 1.0 mn
to 5.0 mn
USD 0.5 mn
to 1.0 mn
90 Days 38 26 28 32 34
180 Days 61 23 25 28 32
360 Days 94 23 25 29 34

Suppliers Credit
Foreign banks
L+ 40 to 50 bps p.a for 90 to 180 days usance discounting till maturity

Indian banks
12 M L + 50 to 60 bps for 360 day usance
6 M /12 M L+60 to 80 bps with half yearly/ yearly reset for 3 years supplier credits of capital goods imports.

Letter of Credit reimbursement structure
L+45 to 60 bps for 180 days usance from nationalized & foreign banks.

LC Limits are available on major global banks for discounting at competitive rates without recourse to supplier.
External Commercial Borrowings (ECB’s)
All in cost of L+3 to 4% p.a depending on the creditworthiness of the borrower and quality of the project

Foreign currency financing against SBLC/ADVANCE PAYMENT GUARANTEE issued by major PSU banks
L+3 to 5% p.a

Offshore Bid bonds against counter guarantee by Indian banks
40 to 50 bps

(All rates subject to credit worthiness of the borrowers and quality of project)

We work with over 150 banks (both overseas branches of Indian banks as well as multinational banks) to provide our clients with the finest rates for buyers' credit and other trade finance transactions.

Please contact or
call Mahaveer Reddy on 07208600363 or
call Vikas Jobanputra on 09820230906for fast action