Chhapra-Hajipur Signs 5.85 Billion Rupee Project Loan

Chhapra-Hajipur Expressways Ltd., which builds roads in India, borrowed 5.85 billion rupees ($130 million) in a project finance term loan, according to data compiled by Bloomberg.

State Bank of India arranged the facility, which matures in January 2023 and pays interest of 250 basis points more than State Bank’s base rate, the data show.

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To contact the editor responsible for this story: Will McSheehy at wmcsheehy@bloomberg.net

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