HPCL seals $300m loan with 17 lenders

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HPCL seals $300m loan with 17 lenders

HPCL machines

India’s Hindustan Petroleum Corp has closed its $300m fundraising with commitments worth $225m pouring in from 12 lenders during general syndication. Though it got off to a slow start, the deal gained traction once lenders took into consideration the thinning in pricing for Indian state owned names after it launched.

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