Paiho Shih returns for $120m refi

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By Pan Yue
17 Aug 2018

Taiwan’s Paiho Shih Holdings has returned to the offshore loan market, seeking a $120m refinancing loan through KGI Bank.

The borrowing is split into two tranches: a $60m five year term loan with a grace period of three years and a $60m five year revolver, according to a source close to the situation.

The loan pays a margin of 128bp over Libor and offers three participation ...

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