India Eximbank raises $500m loan

By Pan Yue
29 Sep 2020

Export-Import Bank of India has closed the syndication of a $500m loan after securing eight banks.

Sumitomo Mitsui Banking Corp was the sole mandated lead arranger and bookrunner of the facility. It prefunded the initial size of $200m in March.

The borrower exercised a greenshoe option to increase the size to $500m after the lead bank brought in eight participants during syndication. UCO Bank’s ...

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