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Swan Energy's LNG arm prepays Rs 2,206 crore debt

By Economic Times - 7 months ago
Swan LNG, the natural gas business arm of Swan Energy, has prepaid Rs 2,206 crore of loans from a consortium of lenders, reducing its debt to Rs 1,611 crore. The prepayment is expected to save around Rs 250 crore in annual interest costs. Swan Energy, the parent company, facilitated the prepayment by lending Rs 2,210 crore to Swan LNG.

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