CNS airs NT$39.25bn loan

By Rashmi Kumar
22 Oct 2013

Cable television operator China Network Systems has launched its NT$39.25bn ($1.3bn) seven year loan into limited syndication, and is asking for a minimum commitment of NT$1bn from potential lenders.

Bank of Taiwan, Cathay United Bank, Citi, Crédit Agricole, DBS, King’s Town Bank and Standard Chartered are the bookrunners and mandated lead arrangers, and are jointly underwriting the deal, according to a banker. Each of the banks has provided different underwriting commitments, he added.

They have now ...

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