India
Adhunik Cement has inked an Rs1.5 billion eight-year term loan via sole bookrunner Yes Bank.
The financing was guaranteed by Dalmia Cement Bharat.
During syndication, Punjab National Bank came in as participant.
Proceeds are for capital expenditure purposes.
Kesoram Industries has inked a Rs1 billion eight-year term loan through sole bookrunner and mandated lead arranger State Bank of India.
BK Birla Group is the loan sponsor.
Syndication saw West Bengal Infrastructure Development Finance Corp joins in as the sole lender.
Proceeds are for general corporate purposes.
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