Sri Lanka receives four bids for $1bn loan

sri lanka fisherman px230
By Pan Yue
04 May 2018

Sri Lanka has received proposals from four different groups of banks for its latest offshore borrowing of up to $1bn.

One consortium consists of 10 banks that have committed $730m for a three year term loan. Lenders in the group include Citi, Credit Suisse Singapore branch, Deutsche Bank Singapore branch, Emirates NBD, First Abu Dhabi Bank, HSBC, MUFG Bank, Standard Chartered, State Bank of India Hong Kong branch ...

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