Banyan wins tight pricing for S$50m deal
Singapore’s hotel operator Banyan Tree raised S$50m ($39m) from the domestic bond market late last week, launching the deal at a time when the European debt worries discouraged other borrowers from selling debt. The absence of any competition helped the firm get tight pricing.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts