Indian SOEs shave pricing on latest loans

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Indian SOEs shave pricing on latest loans

Shruti Chaturvedi
February 12, 2015 12:00 pm
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The Jantar Mantar is located in the modern city of New Delhi, India | saiko3p - Fotolia

Two Indian state owned companies — Hindustan Petroleum Corp and Rural Electrification Corp — have managed to shave a collective 90bp off their latest fundraisings. The thinning in pricing comes as Indian assets remain in demand, with Japanese lenders focusing on the country as they try to contain lending to China.

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Shruti Chaturvedi
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