The third largest Telecoms sector facility signed in Asia Pacific in 2015 year-to-date
SoftBank Group has signed a 174.2 billion $1.5 billion one-year revolver through joint bookrunners and mandated lead arrangers Citibank, Credit Agricole and Mizuho Bank. The fundraising comprises of a 123.1 billion credit and a 51.1 billion tranche.
Syndication saw BNP Paribas, Bank of America and Barclays Bank join as mandated lead arrangers. Proceeds are for working capital purposes.
The deal is the third largest telecoms sector loan signed in Asia Pacific so far this year, behind China Network Systems’ $1.5 billion facility and Huawei’s $1.5 billion term loan and...