7 Days uses greenshoe as dozen sign $300m

7 Days Group Holdings has closed its fundraising at $300m, fully exercising a $50m greenshoe, as the deal was oversubscribed thanks to relationship banks piling in.
Mandated lead arranger and bookrunner Nomura, co-ordinated the loan, bringing in five more banks as MLABs in the first stage of syndication. All the MLABs have fully underwritten the loan.
At the top level, Bank of Taiwan, Taipei Fubon Bank and Cathay United Bank received $35m each, while ...Already a subscriber? Login