Hexaware take-private loan sealed, delisting imminent

India_adobe_575x375_20
By Pan Yue
29 Oct 2020

Indian software firm Hexaware Technologies has wrapped up a $600m loan to fund its take-private by Baring Private Equity Asia.

Nine original mandated lead arrangers and bookrunners launched the deal into syndication in August; they signed the loan agreement on Thursday. The lead banks were ANZ, Barclays, BNP Paribas, Citi, Crédit Agricole, DBS, Deutsche Bank, HSBC and Standard Chartered.

The loan was split into two tranches: ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial