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SBI-Led Group Said to Provide $3.5 Billion Debt to Vodafone Idea
Source: Bloomberg
Banking & LiquidityCredit & Bond MarketsTelecommunications & Technology
A lender group led by State Bank of India has agreed to provide approximately $3.5 billion in debt financing to Vodafone Idea. The funding is intended to help the Indian mobile operator rebuild its business, materially improving its near-term liquidity and financing capacity.
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