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Option 3 : Vedanta Ltd
The correct answer is Vedanta Ltd.
- Vedanta Ltd has tied up with State Bank of India for a long-term syndicated loan facility worth Rs 10,000 crore.
- A syndicated loan is offered by a group of lenders who work together to provide credit to a large borrower.
- Vedanta Ltd has tied up with SBI as facility agent and with SBICAP Trustee Company Ltd as the security trustee with door to door tenor of seven years.
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