United Laboratories brews new loan with Fubon Bank

Pharmaceutical 230x150
By Shruti Chaturvedi
14 Aug 2014

Hong Kong-listed pharmaceuticals company United Laboratories has picked Fubon Bank to arrange a syndicated loan and has sent out invitations for the fundraising.

Details on the size, tenor and margin of the facility and whether it will be borrowed by parent United Laboratories or by one of its subsidiaries are still being worked out, said a banker. But the deal is likely to be in the region of $80m and ...

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