Asia Pacific ex Japan bridge facility volume records lowest YTD level since 2007
Biostime Healthy Hong Kong has signed a $450 million bridge facility through joint bookrunners and mandated lead arrangers ANZ and HSBC on a club basis. Proceeds are to support the $992.4 million acquisition of Swisse Wellness Group.
Asia Pacific ex Japan bridge facility volume has reached $5.1 billion in 2015 YTD, the lowest YTD level since 2010 $2.2 billion.
Acquisition related loan volume stands at $25.2 billion in Asia Pacific ex Japan so far this year, down 61% from $65.0 billion borrowed in the same 2014 period.