MNC Sky Vision wraps up slimmer $170m loan

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By Shruti Chaturvedi
08 Nov 2016

Indonesian television broadcaster MNC Sky Vision has cut its latest fundraising to $170m — the second time it has reduced the deal size. The loan, which had been in general syndication since late June, attracted three commitments from retail lenders.

The company had initially sought $275m but slashed that to $225m during general syndication as it executed a $50m rights issue, lowering the amount of debt it needed. But it settled for a smaller $170m. 

The mandated lead arrangers and bookrunners Deutsche Bank and Standard Chartered collected about ...

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