Caribbean Press Releases - recent news & press releases -
Tata Comm close to finalising $2 bln loan for C&W bid: Report
S Coward

By S Coward
Published on 23-Mar-12
March 23, 2012 - The US$2bn term loan for Mumbai-listed Tata Communications Ltd (TCL) financing its potential bid for London-listed Cable & Wireless Worldwide is close to being finalised, with an arranger group comprising 4-5 banks likely to be in place in the next few days, according to sources familiar with the situation.