Indiabulls makes quick comeback for $200m loan

Property
By Pan Yue
01 Jun 2018

Indiabulls Housing Finance has made a quick return to the loan syndications market for a $200m borrowing.

ANZ, Barclays and MUFG Bank are the mandated lead arrangers and bookrunners for the facility. The deal was launched into syndication on May 30, according to a banker close to the situation.

The five year bullet loan is offering banks a margin of 145bp over Libor — 25bp ...

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