Jindal $400m loan nets six, with more set to join soon

By Rashmi Kumar
18 Jul 2013

Six banks have joined Jindal Steel and Power’s $400m five year loan in syndication, with bankers aiming to wrap up the deal at the end of the week.

First Gulf Bank is the latest lender to make a commitment, following pledges from five other banks.

ICICI has joined with $30m and Bank of East Asia with $20m, while Aozora Bank, Taiwan Cooperative Bank and Bank of Taiwan have chipped in with $15m, $10m and $5m, respectively, ...

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