Tata Sons eyes $1.5bn return to loans after decade away

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By John Loh
08 Mar 2018

Tata Sons is poised to end a decade-long absence from the syndicated loan market when it launches a $1.5bn transaction later this month.

Nine banks are close to being hired to lead the multi-tranche financing. They are ANZ, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, Citi, Crédit Agricole, Export Development Canada, Mizuho, Standard Chartered and State Bank of India.

The mandate is due to be signed any time now, ...

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