Blackstone acquisition loan for Mphasis enters general

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By Shruti Chaturvedi
18 Aug 2016

A $405m loan for Blackstone’s acquisition of Indian fintech firm Mphasis has entered general syndication, a couple of months after the borrower expanded the lending group in the senior phase.

The facility, which is underwritten equally by Deutsche Bank, ING and Standard Chartered, was first opened to senior lenders in April, attracting commitments from Crédit Agricole, DBS and Siemens Financial Services.

It was recently launched into general syndication, according to two bankers that were invited. Lenders have been asked ...

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