Pan Brothers spins $150m three year deal

clothes 230-150x
By Shruti Chaturvedi
18 Jan 2018

Three bookrunners have kicked off primary distribution of an up to $150m revolver for Indonesian garment maker Pan Brothers.

Pan Brothers is taking the loan alongside 10 of its subsidiaries. The facility has a remaining average life of 2.83 years.

Leads ANZ, HSBC and ING have offered participants two titles: lead arranger for commitments of $15m or more and arranger for commitments from $10m-$14m. 

Based on a 40bp ...

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