Bhubaneshwar Expressways’ Rs2.4 billion 14-year term loan has been secured by sole bookrunner and mandated lead arranger SBI Capital Markets.
Final allocations saw participants Punjab National Bank commit Rs700 million, while Axis Bank and L T Infrastructure Finance lent Rs600 million each. India Infrastructure joined in with Rs540 million.
Proceeds are to support a highway project in the State of Orissa, India.
A Rs4.0 billion 10.5-year term loan for Hamir Real Estate has been signed via...