BOL sounds out banks for loan amid Covid-19

By Pan Yue
25 May 2020

Bank of the Laos PDR is in talks with banks for a new borrowing, returning to to the offshore loan market after raising two deals last year.

The Laotian central bank is still in discussions with banks about the transaction’s size, tenor and pricing, according to a source close to the situation.

The funds will be used for both refinancing as well as general corporate purposes. The source added that the new facility will ...

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