Shanda to press play on $850m LBO loan with eight

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By Rashmi Kumar
17 Jul 2014

A group of eight banks is expected to lead Shanda Games’ leveraged buyout loan of between $750m and $850m, which will help fund the company's going-private plans.

Bank of China, BNP Paribas, Citi, China Minsheng Bank, Goldman Sachs, Industrial and Commercial Bank of China (International), Nomura and UBS are tipped to be the mandated lead arrangers and bookrunners, according to bankers.

The banking group is yet to be finalised and could still see some more ...

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