Bhira Investments picks six banks for $460m refi

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By Shruti Chaturvedi
21 Jan 2016

Tata Power subsidiary Bhira Investments is understood to have mandated six banks to arrange a refinancing of a $460m loan wrapped up in October 2014.

The names of the lender group have not been disclosed but Australia and New Zealand Bank and Bank of America Merrill Lynch are expected to be among those at the top, said bankers away from the deal. Standard Chartered, which was an arranger on the 2014 facility, ...

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