BASIS POINT-Hyundai Motor India seeks US$200m syndicated loan

Newswire

HONG KONG, Sept 28 (Reuters Basis Point) - Hyundai Motor Co.'s Indian unit is tapping the syndicated loan market for the first time in nine years, seeking a US$200 million two-tranche deal, according to banking sources. A request for proposals was sent out yesterday to more than 10 banks, which are said to include: ABN AMRO Bank , Citigroup , Export-Import Bank of Korea, HSBC , ING Bank, Korea Development Bank, Mizuho Corporate Bank, Standard Chartered Bank , Sumitomo Mitsui Banking Corp. ...

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