India's TCI Sanmar Chemicals has arranged US$645 mln financing for a VCM and PVC producing complex in Egypt. A long-term loan of US$575 mln will be provided by a syndicate of Indian banks including Sttate Bank of India, Bank of India, ICICI Bank, Indian Overseas Bank, Axis Bank, Export-Import Bank of India, Bank of Baroda, Indian Bank, Syndicate Bank and Union Bank of India.
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Thursday, April 09, 2009
Consortium of banks in India to provide financing for Egyptian petrochemical plant
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