Piramal, Amtek attract lenders’ interest for dollar loans

Loans for two Indian companies — Piramal Healthcare and Amtek Auto — are close to being wrapped up, with commitments coming in steadily, according to bankers on the deals.

  • 03 May 2013

Piramal’s $240m five year loan has attracted three lenders already, with a fourth also considering the credit terms, said a banker close to the deal.

HDFC Bank has made a firm commitment of roughly $30m and Export-Import Bank of India $40m, while Bank of India’s commitment of around ...

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