Samson builds $120m club loan for Vietnam factory

DFS furniture source DFS 230x150
By Pan Yue
11 Sep 2019

Furniture maker Samson Holding has closed a $120m club loan with three banks to support the construction of a new factory in Vietnam

Bank Sinopac, CTBC and Taipei Fubon Bank provided the loan, according to a banker close to the situation. Each of the lenders retained $40m on their books.

The three year term loan paid a margin of 90bp over Libor. The banker said that the pricing was much lower ...

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