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News Adani Group refinances loan for Holcim India acquisition

Adani Group refinances loan for Holcim India acquisition

Written by Global Cement staff 13 October 2023
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India: Adani Group has entered into a US$3.7bn refinance agreement with multiple banks to refinance the loan it took to acquire Holcim’s Indian business. Live Mint News has reported that the consortium of banks includes Deutsche Bank, Standard Chartered, Barclays, Citibank, MUFG Bank and Sumitomo Mitsui Banking Corporation. Sources ‘with direct knowledge of the matter’ reported that the refinance agreement will have a tenure of 36 months.

Last modified on 18 October 2023
Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Finance
  • bank
  • Loan
  • Deutsche Bank
  • Standard Chartered
  • Barclays
  • Citibank
  • MUFG Bank India
  • Sumitomo Mitsui Banking
  • GCW630

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