Eight mulling Reliance in general; Tata Chem hopeful

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Eight mulling Reliance in general; Tata Chem hopeful

India’s Reliance Industries, which saw a slow start to general syndication of its $1.75bn dual tranche loan since it launched in September, now has eight banks processing commitments, according to one head of loans. These would bring the total raised in general to about $250m, said the banker.

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