Updated: SMBC Aviation takes flight for $600m dual tranche fundraising

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By Shruti Chaturvedi
06 Feb 2018

SMBC Aviation Capital has swooped into the Asian loan market for a $600m two tranche borrowing.

The company, headquartered in Ireland, has divided the loan into two parts: a $200m three year term loan that pays a margin of 97bp above Libor and a $400m five year revolver that pays 102bp above Libor. Lenders have to commit pro rata to both tranches, said two ...

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