Loan Week

Loan Week, January 6-12

A roundup of the latest syndicated loan market news.

India

Abhijeet Toll Road Karnataka signed a Rs1.3 billion 14-year, six-month term loan last week through sole bookrunner and mandated lead arranger SBI Capital Markets.

The facility offers a margin of 275bp over the SBI base rate and will be repaid in 49 quarterly installments after a three-month grace period.

Final allocations saw participants State Bank of India provide Rs1.1 billion while India Infrastructure Finance Co committed Rs230 million.

Proceeds are for project financing purposes.

 


Indonesia

Harum Energy has successfully obtained a $270 million three-year revolving facility on a club...

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