Taiwan’s KGI hits up banks for dual-currency $100m

KGI International Holdings, the offshore holding company of Taiwan’s KGI Securities, has launched into syndication a $100m dual-currency facility, pricing it at 200bp over dollar Libor or Hibor.
Lead arrangers and bookrunners HSBC and Standard Chartered opened up the three year term loan and revolver on Monday, according to a banker close to the deal.
Lenders can commit in either US dollars or Hong Kong dollars, with three participation levels up for grabs — on the ...Already a subscriber? Login