April sends out invitations for $1bn loan

Paper 230x150
By Pan Yue
06 Aug 2019

Asia Pacific Resources International Holdings (April), a subsidiary of Royal Golden Eagle, has made a quick return to the loan market for a self-arranged borrowing of up to $1bn.

The company has sent out draft invitation letters to lenders, seeking a multi-tranche loan with an initial size of $650m. The trade also carries a greenshoe option, which allows the firm to increase the size to $1bn, according to bankers.

The facility is split into three term ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial