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A US$75mn five-year term loan for Industrial Development Bank of

  • India has enticed Cr édit Lyonnias to join arrangers Barclays Capital, HSBC and Natexis Banques Populaires. The facility will be on-lent to exporters and corporates in India to finance their foreign currency requirements.

    Another bank has apparently committed itself to the facility. Participants will receive an all-in margin of 150bp.