Sampath pushes longest tenor loan up to $100m

sri lanka elephants
By Shruti Chaturvedi
04 Oct 2016

Sri Lankan commercial lender Sampath Bank has wrapped up its latest fundraising at $100m, fully using a $50m greenshoe on the back of demand from Middle Eastern and Indian lenders.

At three years, the tenor was the longest for an overseas syndicated loan by Sampath. Standard Chartered, the sole mandated lead arranger and bookrunner, opened it to participants in late July. The lead kept $8m of the deal on its books.

Four banks came in for the MLA ...

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