Huawei sees strong Europe signal, gets $1.6bn

By Shruti Chaturvedi
03 Jul 2014

China's Huawei Technologies has wrapped up syndication of its debut loan in the European market as commitments took the deal to a larger than targeted size of $1.6bn.

When the company launched the loan in May, it was looking for a $1bn revolver. But enough banks came in during syndication to increase the final loan size, said a banker close to the transaction. Details on the number of banks that have joined the deal and final allocations ...

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