GC
Masan boosts loan to $350m
Vietnam’s Masan Group Corp, an investment holding company operating in the food and beverage and consumer retail industries, has increased its borrowing to $350m after receiving strong response from 23 banks during syndication.
Four mandated lead arrangers and bookrunners launched the loan into syndication in January at an initial size of $200m. They were BNP Paribas Singapore branch, Credit Suisse Singapore branch, HSBC Singapore branch and Standard Chartered Singapore branch. Each of the bank retained $16.5m on its books.
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