GC
SM Prime to close up shop for $300m as a club deal
Philippine shopping mall operator SM Prime, which gained six new mandated lead arrangers and bookrunners at the end of May for its $300m loan, is planning to close the deal as a club, thanks to a strong response at the top level.
Standard Chartered is co-ordinating the five year loan and managed to bring in Bank of Tokyo Mitsubishi-UFJ, CTBC Financial Holding, HSBC, ING, Mizuho Bank and Sumitomo Mitsui Banking Corp also as MLABs.
The robust demand for the MLAB title means that the company has obtained enough commitments to wrap ...Already a subscriber? Login
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