CreditAccess Grameen Ltd to avail $90 Mn ECB

CreditAccess Grameen Limited has, by way of External Commercial Borrowings with a door-to-door tenure of four years, entered an arrangement to avail USD 90 Million through first of its kind Loan Syndication Arrangement led by HSBC Bank, who acted as Lead Arranger and Book Runner.

The other lenders in the syndication arrangement include Bank of India, Union Bank of India and UCO Bank.

Source : Equity Bulls

Keywords

CreditAccessGrameen ECB Borrowing LoanSyndicationArrangement HSBCBank LeadArranger