Shriram Finance's syndicated loan trebles to $400 million
Senior management of HSBC, the sole arranger for the dollar loan, told ET that the facility had been upscaled from the original size of $150 million to $404 million. The deal will be concluded in the next few days. The loan, which saw syndication from 16 banks, is one of the most widely syndicated financing deals for an NBFC.
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