Giti Tire opts for $50m upsize after seven sign up

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Giti Tire opts for $50m upsize after seven sign up

Giti Tire’s $225m loan has netted commitments amounting to $245m from seven banks so far, and one more lender is in its final stage of credit approval. The deal is already oversubscribed and the bookrunner plans to increase the loan by $50m.

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