Eight more for Reliance’s $1.75bn loan, could rise to 10
Abu Dhabi Commercial Bank, Bank of East Asia, China Huaneng Group, Chinatrust Commercial Bank, DZ Bank, Gunma Bank and Sumitomo Mitsui Banking Group are among the banks that are preparing to commit to Reliance Industries’ $1.75bn dual tranche loan, joining KfW. Another two are also said to be considering the loan, with all commitments expected to be finalised by the end of the week, say bankers.
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