Dai Quang Minh seeks banks for $130m loan

By Rashmi Kumar
25 Mar 2020

Dai Quang Minh Corp, the real estate arm of Vietnamese carmaker Truong Hai Auto Corp, has opened a $130m loan into general syndication.

Maybank is the sole bookrunner on the three year amortising loan, according to a source close to the situation. The deal comes with a greenshoe option of $30m.

Dai Quang Minh is offering lenders a margin of 250bp over dollar Libor, with top-level commitments of $20m or more ...

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