Eight join Asia Symbol’s self-arranged $1bn loan

19 May 2013

Eight banks have made commitments to Asia Symbol China Holdings’ $1bn self-arranged loan, while other lenders considering the deal have until June to join.

Cathay United Bank, Chang Hwa Commercial Bank, China Citic Bank International, China Development Bank, Credit Suisse, Industrial and Commercial Bank of China, Ping An Securities and Taiwan Cooperative Bank have collectively pledged $700m, according to bankers.

A few more are also considering the credit terms, and the company ...

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