Loan week, January 11-17
A roundup of the latest syndicated loan market news.
After the slow response due to the holiday season, syndication of ASE Assembly Test ShanghaiÆs $190 million five-year credit has been well received. The mandated arrangers are DBS Bank and HSBC.
The financing features a margin of 90bp over Libor and an average life of four years. Advanced Semiconductor Engineering ASE Taipei is the parent company.
Seven commitments have been received so far with a handful of banks awaiting credit approvals. An extension has been implemented and...
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