Bank of the Lao PDR closes $116.5m loan

laos px230
By Pan Yue
13 Mar 2019

Bank of the Lao PDR has closed its four year borrowing led by Cathay United Bank, receiving commitments from 14 participants.

The facility, launched at the end of last year with an initial size of $100m, was increased to $116.5m, according to a source close to the trade. Cathay retained $15m on its book.

Bank Sinopac joined the top level as a mandated lead arranger, receiving $15m. ...

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