Amret closes $50m debut borrowing

By Pan Yue
06 May 2020

Cambodian micro finance company Amret has closed its debut loan after attracting six participants during syndication.

Cathay United Bank was the sole mandated lead arranger and bookrunner for the facility, worth $50m. The loan had a tenor of three years with an extension option of two years.

The bullet loan paid a margin of 395bp over Libor.

The lead bank retained $11m on ...

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