Loan week, January 21-27

A roundup of the latest syndicated loan market news.

India

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...

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