Hong Kong
A HK$2.6 billion financing for Esprit Corp Services has been signed via a consortium of 13 coordinating arrangers.
The five-year term loan features a spread of 65bp over one-, two-, three- or six-month Hibor and will be repaid through five equal annual instalments.
ANZ, Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas Hong Kong, Chinatrust Commercial Bank, Citi, Deutsche Bank Hong Kong, HSBC, Mizuho Corporate Bank Hong Kong, Oversea-Chinese Banking Corp Hong Kong, Standard Chartered Bank Hong Kong, Sumitomo Mitsui Banking Corp and UBS pledged HK$200 million each.
Proceeds are to support Esprit's HK$3.9 billion acquisition of Glory Raise...
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