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EPBG invoked on $475m Alok Industries loan

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By Shruti Chaturvedi
20 Jan 2016

A lender has invoked an export performance bank guarantee (EPBG) that backed a $475m borrowing for India’s Alok Industries, leading to a repayment of the amount to all the banks that participated in the deal.

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By Shruti Chaturvedi
20 Jan 2016