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Power Finance reveals pricing on $250m loan
Pricing has been revealed for Indian company Power Finance Corp’s $250m five year fundraising, ahead of its expected launch into syndication this month.
The deal will offer a margin of 155bp over dollar Libor, according to a banker working on the transaction. At the top level, lenders will receive fees of 175bp, leading to an all-in of 190bp, he added.
Led by bookrunners and mandated lead arrangers Bank of Tokyo ...Already a subscriber? Login
