All in line: Follow raises $440m, closes syndication with 19
Follow International has wrapped up syndication of its $440m financing, after finding more than enough demand to raise the deal size by $40m.
A group of 19 banks came on board the five year transaction, collectively committing $585m, according to a banker. Allocations are being finalised, but will see all the lenders scale back their final holdings.
Fubon Bank and Standard Chartered were the original mandated lead arrangers and bookrunners, ...Already a subscriber? Login