SBI to launch at $390m after 13 MLABs commit

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By Rashmi Kumar
13 Mar 2014

State Bank of India is due to launch a $390m loan into syndication soon, increasing the size from the original $300m. At one point the loan was on track to be $420m, but this was scuppered when one lender dropped out of the top level.

Australia and New Zealand Bank, Bank of America Merrill Lynch, Bank of Tokyo Mitsubishi-UFJ, Barclays, BNP Paribas, Crédit Agricole, DBS, Mizuho Bank, Standard Chartered, Sumitomo Mitsui Banking Corp, Union National Bank, Wells Fargo and Westpac are expected to provide the financing, according to a banker.

Société Générale ...

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