Five win mandate for HPCL $300m facility

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By Shruti Chaturvedi
07 Aug 2014

A consortium of five banks has won the mandate for Indian state-owned oil company Hindustan Petroleum Corp’s $200m five year loan, which features a $100m greenshoe.

DBS, Deutsche Bank, Royal Bank of Scotland, State Bank of India and United Overseas Bank are the mandated lead arrangers and bookrunners and have underwritten the total amount, said a banker at one of the leads.

The timeline for syndication will be firmed up once details on whether ...

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