Loan Week, March 9-15

A roundup of the latest syndicated loan market news.


Loha Ispaat has signed a Rs8.6 billion one-year revolving facility through sole bookrunner and mandated lead arranger SBI Capital Market.

Syndication saw Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, City Union Bank, Federal Bank, ICICI Bank, Indian Overseas Bank, Karur Vysya Bank, Punjab National Bank, State Bank of India and State Bank of Travancore come in as participants.

Proceeds are for working capital purposes.


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