Power Finance seeks five year funding

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By John Loh
27 Nov 2018

India’s Power Finance Corp has invited banks to bid for a new five year financing, in its second visit to the syndicated loan market in 2018.

The state-owned borrower, which provides financing for power projects in India, is looking for between $300m and $500m, said a banker. Lenders are only allowed to bid individually and not as part of a consortium, said a second banker close to the talks. 

Banks need to respond to ...

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