Fullerton India Credit Company Seeks to Syndicate Loan

Posted on 08/12/2019


Fullerton India Credit Company Limited, a company ultimately owned by Singapore’s Temasek Holdings, is raising US$ 250 million to US$ 300 million in offshore syndicated loans. Fullerton India Credit Company Limited is owned by Fullerton Financial Holdings, which is owned by Temasek. According to CARE ratings data, at March 31, 2019, Fullerton India Credit Company Limited had Rs 21,542 crore in assets under management, with 60.42% of the portfolio being treated as unsecured.

DBS Bank, Mitsubishi UFJ Financial Group, Inc., and Mizuho Capital are assisting in the syndication of the loan.