Jurong Aromatics preps $1.5bn relaunch, Noble plans refi

08 Sep 2010

Jurong Aromatics Corp (JAC) is preparing to launch a $1.5bn loan into syndication early next week — two years after the deal was initially pulled due to deteriorating market conditions.

Bankers aim to start syndicating the deal on Monday or Tuesday, with ING and Royal Bank of Scotland running the books. The banks have not underwritten the loan but are expected to take a sizeable chunk.

Six banks, including RBS, joined the syndicate when Jurong Aromatics launched a $1.55bn ...

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