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ECB rules amended; LLPs eligible

Summary

LLPs can now raise ECB; limits rose to USD 1bn or 300% of net worth and the cost ceiling was removed.

Key points
  • Default maturity 3 years (1 year for some manufacturing)
  • Related-party ECB at arm's length
For Korean companiesParent loans to fund Indian operations became easier.

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ECB rules amended; LLPs eligible · Adullam Incorporation