SBI-led group of lenders to provide $3.5 billion debt to Vodafone Idea
A group of lenders led by State Bank of India agreed to provide about $3.5 billion of debt financing to Vodafone Idea Ltd. to help the mobile telephone operator rebuild its business, people familiar with the matter said.
Other local lenders in the consortium include Union Bank of India Ltd. and the National Bank for Financing Infrastructure and Development, the people said, asking not to be identified because the information isn’t public.
