The largest textile facility signed in Asia Pacific ex Japan in 2015 year-to-date
Next Creations Trading Singapore Ltd has signed a $475 million facility through joint bookrunners and mandated lead arrangers Barclays, Credit Suisse and Deutsche Bank. Syndication saw Macquarie Bank come in as a mandated lead arranger while Ahli United Bank, Bank of Taiwan, Bremer Kreditbank, Hwatai Bank and Intesa Sanpaolo joined as arrangers. Proceeds are for general corporate purposes.
This is the largest textile syndicated loan signed in Asia Pacific ex Japan so far this year, followed by E-Land Fashion’s $300 million financing and PT Detta Merlin Dunia Textile’s $195 million debt package.