Hero FinCorp plans to raise $200-million loan amid IPO delay



Hero FinCorp (HFCL), the lending subsidiary of two-wheeler major Hero MotoCorp, is planning to raise $200 million through a syndicated loan and has appointed DBS Bank to lead the transaction, according to sources familiar with the development. The non-banking lender recently conducted a roadshow in Taipei to assess investor interest, the sources added, requesting anonymity.

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