AsiaInfo’s $330m LBO loan to launch next week

13 May 2013

The banks arranging AsiaInfo-Linkage’s $330m loan plan to launch it into syndication next week after finalising all the terms. The Chinese software company will use the proceeds to help it go private.

The deal is split into two: a $250m five year tranche and an $80m six month loan, according to a banker at one of the bookrunners. But they were unwilling to disclose pricing until the deal hits the market.

AsiaInfo, which is listed in the US, is being ...

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