Giant Interactive's $850m buyout loan launched

Seven banks have launched Giant Interactive’s $850 million buyout loan into general syndication.

Giant Interactive's $850m buyout loan launched

An $850 million buyout loan for Chinese online games company Giant Interactive was launched into general syndication on Wednesday. The five-year loan is underwritten by seven banks -- China Minsheng Banking, BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs, ICBC International and JP Morgan -- which have invited other banks to participate.

There are three tickets. For a mandated lead arranger title, banks have to commit $50 million or above and the all-in pricing, including...

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