SBI makes quick return with $500m three year facility

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By Rashmi Kumar
25 Feb 2016

State Bank of India has picked banks for a fresh $500m fundraising that is expected to launch into syndication in the next couple of weeks.

It was only in mid-December that the Indian state-owned lender sealed a $500m five year facility, which saw a group of 14 lenders piling in during syndication. But the borrower is now back in the loan market and is seeking three year money this time around.

BNP Paribas, ...

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