LaoVietBank debuts with $100m borrowing

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By Pan Yue
31 Oct 2018

Lao Viet Joint Venture Bank is seeking its first international loan of up to $100m through sole mandated lead arranger and bookrunner Cathay United Bank.

The three year facility has an initial size of $60m, and carries a greenshoe option that can bump up the deal to $100m, said a source close to the situation. Cathay is marketing the fundraising on a best-efforts basis.

The syndication marks LaoVietBank’s maiden offshore outing. Founded in ...

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