India’s Birla Carbon, Tata Steel tap banks for loans
Indian companies Birla Carbon and Tata Steel have mandated banks for loans and both borrowers have signed up large groups of lenders at the top level.
Birla Carbon, a maker and supplier of carbon black additives, has picked 15 banks for a $1.5bn multi-tranche deal.The mandated lead arrangers and bookrunners are ANZ, Axis Bank, Bank of Baroda, BNP Paribas, Citi, Crédit Agricole, DBS, Export Development Canada, First Abu Dhabi Bank, ICICI, ING, ...
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