SBI on a hat-trick as it mandates for $750m

cricket_230px
By Shruti Chaturvedi
24 Oct 2016

State Bank of India is getting ready to pick banks for a $750m refinancing, even as it is in the process of wrapping up an increased $500m syndicated facility.

The Indian borrower is understood to be looking to a group of six banks to supply the three year money, with HSBC, Standard Chartered and Wells Fargo among those tipped for the mandate, according to bankers.

Each lender in the group will have an initial hold of about ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial