Thaco closes debut borrowing with 10 banks

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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