Dai Quang Minh seeks banks for $130m loan

Vietnam_2_230px
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 ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.