Tag: Singhania Group

JK Paper to raise $35 mn debt funding from IFC

International Finance Corporation (IFC), a member of the World Bank Group, focused exclusively on the private sector in developing countries, has plans to invest up to $35 million in paper manufacturer JK Paper Ltd, according to a VCCircle report. IFC said in a statement that it will invest by subscribing to secured non-convertible debentures (NCDs)…