Power Finance Corp’s latest dollar deal heads into general

08 Feb 2013

Bankers leading Power Finance Corp’s $250m four year loan have added two more banks at the senior level and will launch the deal into general syndication over the next two weeks.

Australia and New Zealand Bank and Bank of America Merrill Lynch were the original bookrunners and mandated lead arrangers of the Indian company’s loan, and have now been joined by Mizuho Bank and Sumitomo Mitsui Banking Corporation as MLAs.

The state-owned firm is raising funds for general corporate purposes, ...

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