Neepco picks SBI for $100m with 300bp all-in

By Rashmi Kumar
02 Aug 2013

North Eastern Electric Power Corp has mandated State Bank of India for its $100m debut in the dollar loan market.

The sole lead is not planning on launching the deal into syndication, but will keep the whole amount on its books, said a banker.

Neepco, a state-owned power supplier, sent out a request for proposals to banks in early May and gave them until June 11 to ...

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