SPi in talks for new loan, plans dividend recap

Philippines_Adobe_8July
By Rashmi Kumar
29 Mar 2021

Philippine company SPi Global, an outsourcing services provider, is understood to be seeking a $300m to $400m loan, some of which will go towards funding a dividend recapitalisation.

Three sources told GlobalCapital Asia on Monday that SPi is speaking to banks for a new fundraising. The firm is yet to finalise the bank group for the transaction.

No further details were disclosed at this stage, but two of the sources said some of the money ...

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