Four line up for JB Chemicals acquisition loan
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 ...