Pan Brothers spins $150m three year deal
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 ...