CamGSM closes with eleven lenders

A $421m bridge loan for Cambodian telecommunications business CamGSM has closed with a syndicate of eleven. It is a rare offshore loan from the country and the largest ever international loan for a Cambodian borrower — leading rival bankers to expect it a tricky sell.

  • 10 Aug 2010
Nine funds and banks have committed to the deal alongside the joint coordinating arrangers and bookrunners, Standard Bank and ANZ Bank. Just over half of the total syndicate is made up of funds and the rest is banks. Demand for the deal came from the US, Europe, as ...

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