Asia loans news in brief, October 17, 2019
India's Vedanta, Syndicate Bank make loan comeback — Shanghai Sinnoil defaults on $400m loan — Fullerton allocates $250m among 17 banks — Lesso closes $1.1bn refi — Indorent holds non-deal roadshows
Vedanta Resources has made a quick loan comeback for a $500m borrowing.
Axis Bank, Citi and ICICI are the mandated lead arrangers and bookrunners, according to a banker close to the situation.The deal has a tenor of five years and amortises over 3.63 years. It pays a ...
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