Reliance and Vedanta eye loan market as Bharti deal stumbles
Indian borrowers lined up to tap the international syndicated loan market with more big deals as Reliance sounded out banks about a $1bn loan this week and Vedanta discussed terms for a $6.5bn facility. But Bharti’s lacklustre $7.5bn syndication should add a note of caution — with so many deals in the market, the price must be right.
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