GC Asia
Protelindo nets first commitment, 20 more eyeing loan
Protelindo’s $600m five year loan, which was launched into syndication last month, has received its first commitment in general, and around 20 other lenders are also considering the deal.
The first pledge was for $30m, according to bankers close to the loan. But they were unwilling to disclose the name of the lender until closing syndication.
The bookrunners and mandated lead arrangers — DBS, ING and Standard Chartered — held roadshows just before the Easter holidays ...Please take a trial or subscribe to access this content.
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