Yes Bank goes with larger $130m loan

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By Shruti Chaturvedi
20 Sep 2016

India’s Yes Bank has increased its latest loan to $130m from $100m. It tapped liquidity from Taiwanese lenders for the five year deal, which is the longest tenor it has sought from the syndication market.

CTBC Bank and Taiwan Cooperative Bank were the mandated lead arrangers and bookrunners, with the former retaining $37m at the end of syndication and the latter $25m, according to a banker.

Five lenders joined as lead arrangers, with each receiving $10m. They were Export-Import Bank of the Republic ...

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