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DEG Impact Executes First Local-Currency Hedge in India

We are pleased to announce our first deliverable local currency hedge in India with counterparty Deutsche Bank!

In close cooperation with DEG and CREDION AG KVG as well as our hedging partner Deutsche Bank, DEG Impact structured a new local currency transaction in India for a German corporate client.

With a Loan amount of INR 1 billion (approx. EUR 9 million), the structure allows the lender to provide EUR-denominated financing whilst enabling the client to receive the loan disbursement in INR and also repay the interests and Loan amount in INR, to be protected against fluctuation risks of its local currency cash flows.

Many thanks to the ImpactConnect Team of DEG, CREDION AG KVG, and Deutsche Bank for the excellent cooperation on this transaction!

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