Jindal closes after netting $95m from five in general

By Rashmi Kumar
25 Jul 2013

Bankers have wrapped up syndication for Jindal Steel and Power’s $400m five year loan, after five lenders joined with commitments worth $95m.

First Gulf Bank and ICICI came in with $30m each, Bank of East Asia committed $20m, while Taiwan Cooperative Bank and Bank of Taiwan put in $10m and $5m, respectively. The five lenders have been allocated the full amounts, said a banker close to the deal.

Aozora Bank ...

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