Hutchison Essar to expand in India with US$300 mln loan

Oct. 4, 2006 (China Knowledge) Hutchison Essar Ltd., the India-based subsidiary of Hong Kong-listed Hutchison Telecommunications International Ltd., is reportedly seeking a syndicated loan of US$300 million to fuel expansion plans in India.After successfully settling a legal dispute with its joint venture partner in India, Hutchison Essar has hired ING Groep NV and Calyon to arrange for a US$300…..

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