Corrected: Aegis closes $150m LBO loan after seven-month syndication

IndiaMumbai_230px
By Pan Yue
10 Jul 2018

Indian business process outsourcing company Aegis has closed a $150m leveraged buyout loan after a seven-month syndication process that attracted only three participants.

King's Town Bank and Taipei Fubon Bank received $10m each while Siemens was allocated $17.5m. Mandated lead arrangers and bookrunners DBS, ING and Standard Chartered retained $38.75m, $38.75m and $35m respectively, according to a banker close to the deal. He declined to disclose the reason for the long ...

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