FWD's $1.8bn acquisition loan to close soon

By Pan Yue
19 Nov 2019

Insurance company FWD Group’s $1.8bn acquisition loan is set to close by the end of November, with two more banks still expected to join the syndicate group.

Standard Chartered is the original mandated lead arranger, bookrunner and underwriter. It pre-funded the loan on September 13, said a source close to the situation.

It brought in five banks during senior syndication in September. CMB Wing Lung Bank, DBS, Mizuho and Sumitomo Mitsui Banking Corp joined ...

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