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BRIEF-Edelweiss Financial Services says Canada's CDPQ, Edelweiss enter partnership agreement
October 3, 2016 / 5:36 AM / 10 months ago

BRIEF-Edelweiss Financial Services says Canada's CDPQ, Edelweiss enter partnership agreement

1 Min Read

Oct 3 (Reuters) - Edelweiss Financial Services Ltd:

* Says CDPQ and Edelweiss Enter into long term partnership agreement

* Edelweiss Financial Services Ltd says CDPQ targets investments of 50 billion rupees over 4 years in stressed assets and specialized corporate credit in india

* Partnership aims to channel between Rs. 12,000-14,000 crores into private debt and restructuring of stressed assets in the country

* Investments to result in purchase of NPLs from indian banks, investments in private debt of growing indian companies Source text: bit.ly/2dAELA8 Further company coverage: (Bengaluru newsroom)

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