SBI woos lenders to $750m offshore loan

By Pan Yue
29 May 2018

State Bank of India has launched a new $750m three year borrowing into general syndication, about two months after mandating banks to run the transaction.

In March, the Indian borrower hired eight mandated lead arrangers and bookrunners for the facility — namely, Axis Bank, Barclays, Crédit Agricole, First Abu Dhabi Bank, HSBC, MUFG Bank, Standard Chartered and United Overseas Bank. The deal was launched into syndication last Friday, said a banker close to ...

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