Loan Week

Loan Week, November 4-10

A roundup of the latest syndicated loan market news.

Bangladesh

Grameenphone’s Tk10.2 billion six-year term loan is expected to sign in December through sole bookrunner and mandated lead arranger Standard Chartered.

Syndication saw 19 additional lenders commit to the facility.

Proceeds are to partially finance the 2G license renewal fees and capital expenditure purposes.

 


Hong Kong

United Asia Finance has completed a HK$480 million-equivalent three-year offshore Rmb term loan through sole bookrunner Mizuho Corporate Bank.

The dual-currency facility is split into a Rmb170 million tranche and a HK$271 million portion. Syndication saw Chinatrust Commercial Bank and...

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