Bank of Baroda raises $500 million syndicated loan
after close1 source ↓written by the desknot a recommendation
- through a five-year
- $500 million
- across key Asian
- 13 investors
Bank of Baroda Ltd has successfully raised $500 million through a five-year syndicated term loan facility via its IFSC Banking Unit in GIFT City. The loan saw participation from 13 investors across key Asian markets, indicating strong demand despite a challenging global interest rate environment. Proceeds will be used for general banking and corporate purposes.
Not investment advice. For informational purposes only.