Shangri-La Asia Treasury has secured a $107 million five-year debt package through bookrunner and mandated lead arranger Bank of Tokyo-Mitsubishi UFJ.
The five year facility is split evenly and comprises a term loan and a revolving credit facility.
Syndication saw National Bank of Kuwait come in as a mandated lead arranger while First Commercial Bank and Mega International Commercial Bank joined as arrangers.
Proceeds are to refinance the borrower's existing borrowings and finance the general corporate funding requirements of the guarantor and its group.
Nandi Economic Corridor...