Hexaware, Reliance, Vedanta loans gain traction

The loans for Hexaware Technologies, Reliance Industries and Vedanta Resources are speeding up, with all the Indian companies netting fresh commitments.

  • By Rashmi Kumar
  • 22 Oct 2013

Three banks have collectively pledged $85m to Hexaware’s $215m leveraged loan, which will help it finance its acquisition by Baring Private Equity Asia.

One more lender is processing its commitment, and the deal will wrap up by the end of the week, according to a banker working ...

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