• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Jan. 23SBI Capital Markets (SBICAP), the investment banking arm of State Bank of India, has topped the list of project finance arranger in the Asia-Pacific, with 25 deals worth $11.5 billion (Rs 56,235 crore approximately), in 2008.

“Within the top 10 deals in the Asia Pacific region, SBICAP was involved in all the three Indian deals in the list,” said a release issued by SBICAP.

“Among the top deals arranged by SBICAP were the $3.2-billion debt facility for the 4,000-MW Mundra Ultra Mega Power Project, the $280-million facility for Petronet LNG’s construction of its Kochi terminal,” said SBICAP.

“In the telecom sector, it arranged finance of $1.628 billion for Vodafone Essar, as well as the largest passive telecom infrastructure deal in the country – the $882.25-million debt facility for GTL’s telecom tower financing.”

SBICAP received the Bank of the Year award in the Asia-Pacific Awards 2008 as a leader in the area of project finance organised by Thomson Reuters in London.

More Stories on : Investment Banking | State Bank of India

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line