Buyers' Credit

Best buyers credit deals for week ended    05 Feb, 2016   (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 61 33 36 42 48
180 Days 86 30 33 37 46
360 Days 113 35 40 40 50

Suppliers Credit
Foreign banks
L+ 45 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+75 to 95 bps with half yearly/ yearly reset for 3 years supplier credits of capital goods imports.

Letter of Credit reimbursement structure
L+55 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 4% p.a

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

(All rates for your reference 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/suppliers credit, SBLC Monetization, Structuring of APG/EPBG & arranging Long term ECBs(Capital Goods Imports, Modernization/Expansion, New projects).

Group level/Individual company limits setup in local currency working capital for Indian entities operating in Africa through our associated banks.
Confirmation of LCs issued by African Banks on behalf of the African importers, and for exporters LC discounting on non recourse(Forfaiting). Discounting lines available on Asian, Europe, GCC & African countries.

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