Loan Week, April 25-May 1

A roundup of the latest syndicated loan market news.

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.

...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222