At least 10 more lenders are set to join the third leg of the syndication of $3 billion loans to Reliance Industries Ltd and Reliance Jio Infocomm, in what is turning out to be one of the most sought-after credit deals out of India in recent times.
The fundraising, the largest through syndicated term loans by an Indian corporate house in at least five years, is set to close this month after months of negotiations, bankers said.