Gate turns to loans, bond in refi push

Singapore’s Global A&T Electronics (Gate) is taking out a $125m loan from four banks, giving it a liquidity boost that should help it attract investors on a global bond roadshow over the next few weeks.

  • 08 Nov 2012

Bank of America, Credit Suisse, JPMorgan and UBS have provided a $125m five year revolving credit facility to Gate, which the company intends to drawdown straight away and use — alongside the proceeds of its bonds — to pay back outstanding debt.

The company is getting ready to pitch a $625m six ...

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