Lao MoF launches €135m loan into general

laos px230
By Pan Yue
02 Oct 2019

The Ministry of Finance of the Lao PDR is inviting banks to join a €135m five year loan that Credit Suisse pre-funded in June.

The deal was launched into general syndication on Tuesday, through sole mandated lead arranger and bookrunner Credit Suisse, according to a banker who received the invitation.

The five year borrowing has an average life of 3.9 years. It offers a margin of 466bp over Euribor. Four participation levels ...

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