Mizuho victorious as it wins Oil India $250m mandate
Mizuho Corporate Bank has won the mandate for Oil India’s debut $250m five year loan, according to bankers. At least five banks pitched for the state-owned oil and petroleum’s company request for proposal ahead of the June 7 deadline.
The Japanese lender has been named as the sole lead, and is in advanced talks with the company, said bankers. It plans to set terms and launch the deal into syndication once the documents have been finalised.
Oil India first gave lenders until May 28 to make bids
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