Retail banks benefit from big sell-down on MMI

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Retail banks benefit from big sell-down on MMI

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MMI International’s $580m five year borrowing has been allocated, with 11 banks joining the mandated lead arrangers and bookrunners during general. Taiwanese banks, which covered the entire retail portion of the syndication, were not left disappointed with their allotments as one of the MLABs sold down a sizeable amount.

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