
Bank of India (BOI) has successfully arranged a $300 million syndicated loan, as announced in its disclosure to the stock exchanges on January 16, 2025. The loan was facilitated by CTBC Bank Co. Ltd. and Standard Chartered Bank Plc, who acted as the mandated lead arrangers, underwriters, and book-running banks.
The loan agreement includes a green shoe option for an additional $100 million, reflecting BOI’s strategic efforts to attract global investors. To enhance engagement, BOI has scheduled roadshows in Singapore on January 17, 2025, and in Taipei on January 20, 2025.
The initiative aligns with the bank’s objectives to strengthen its global presence and leverage opportunities in international markets. BOI’s ability to secure such a substantial syndicated loan underscores its credibility and robust financial standing in the global banking landscape.
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