Kia Motors signs dollar, euro club loan

06 Mar 2012

South Korean auto manufacturer Kia Motor Corp signed a $295.7m club loan late last month, finding demand from nine different banks for the dollar- and euro-denominated deal.

The two year loan was split between a $210m tranche and a €65m facility, said a banker close to the deal. But pricing details were not immediately disclosed.

Bank of Nova Scotia, Bank of Tokyo-Mitsubishi, BNP Paribas, Citi, DBS, Industrial & Commercial Bank of China, JPMorgan, Standard Chartered and ...

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