United Kingdom

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

Monday, 3 Oct 2016 

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.