SBI Raises $1 Billion in India’s Largest Bank Loan of 2025
Bloomberg | March 26, 2025 8:33 AM CST
State Bank of India raised $1 billion in the largest dollar-denominated syndicated loan this year from the nation, giving a boost to the lagging foreign-currency debt market.
The borrower opted not to exercise a greenshoe option to increase the five-year facility by as much as $250 million, said people familiar with the matter, who asked not to be identified discussing private information. SBI declined to comment.
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