Asia Pacific ex Japan Finance sector loan volume up 34% Y-o-Y
- Shriram Transport Finance has closed a $420 million facility through joint mandated lead arrangers Deutsche Bank, Hongkong Shanghai Banking Corp, and Standard Chartered Bank on a club basis. Proceeds are for on-lending to eligible individuals to fund their purchase of commercial vehicles.
- This is the third-largest Finance sector deal signed in India so far this year, after Axis Bank’s $525 million facility signed in March 2018 and IndusInd Bank’s $500 million facility signed in May 2018.
- In Asia Pacific...