Thaco closes debut borrowing with 10 banks

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By Pan Yue
06 Dec 2019

Vietnamese car manufacturer Truong Hai Auto Corp has closed its debut offshore borrowing, increasing the size of the loan to $210m.

Standard Chartered was the sole mandated lead arranger and bookrunner for the transaction. The deal had an initial size of $180m, with a greenshoe option of $30m that was fully used up. 

Standard Chartered retained $35m on its book.

It brought in nine participants during syndication. Among ...

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