Loan Week, May 25-31

A roundup of the latest syndicated loan market news.

India

GMR Kishangarh Udaipur Ahmedabad Expressways concluded a Rs54 billion 14-year, 10-month term loan last week May 24 through sole bookrunner and mandated lead arranger IDBI Bank.

The facility will be repaid in 45 quarterly instalments after a 10-month grace period.

Final allocations saw the lead provide Rs46 billion while lenders Central Bank of India and India infrastructure Finance took Rs4 billion each.

Proceeds are for...

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