Bank of America, Natexis Banques Populaires (Singapore) and
Raiffeisen Zentralbank Oesterreich (Singapore) have launched a $50m
364 day term loan for HDFC Bank, a subsidiary of the Housing
Development Financing Corp.
Banks will earn a margin of 30bp over Libor. Banks joining as
arrangers in sub-underwriting with commitments of $15m or more gain
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