F&N may increase 3yr loan as more commitments roll in
Singapore’s Fraser & Neave Treasury may increase its three year syndicated loan from S$300m to S$350m-S$360m after seven banks committed to the deal in syndication.
The institutions that have joined in syndication have committed around S$127m in total, leaving the bookrunners only S$3m shy of their selldown target.
One bookrunner told EuroWeek
the deal was likely to be increased by S$50m-S$60m after the successful syndication, suggesting that some risk appetite is beginning to
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