Four line up for JB Chemicals acquisition loan

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By Pan Yue
07 Jul 2020

Four banks are set to sign the mandate letter for a $210m loan to support private equity firm KKR’s acquisition of India’s JB Chemicals & Pharmaceuticals.

BNP Paribas, Crédit Agricole, Deutsche Bank and Goldman Sachs are finalising the deal terms, said a banker close to the situation.

The mandate is expected to be signed in the next few days.

The term loan has a tenor of five years. A syndication will be arranged ...

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