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Standard Bank keeps focus on Asia with Taiwanese tap

Standard Bank of South Africa continues to focus on Asia Pacific lenders, signing a $268m three year term loan with a group of Taiwanese lenders.

  • 19 Nov 2010

It is the African financial institution’s second loan from a group of Asian lenders. The deal was launched at $200m and was oversubscribed, allowing the bank to sign at $268m. The loan margin was 150bp, with an all-in of 215bp.

"The European market is unable to meet our requirements ...

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