CP Indonesia serves up $350m with seven

Poultry feed producer Charoen Pokphand (CP) Indonesia’s $350m dual currency loan, which comes with a $50m greenshoe, has entered general syndication.
The deal is split into four tranches — a dollar term loan, a rupiah term loan, a dollar revolver and a rupiah revolver, all with a maturity of five years. Both the term loans have an average life of four years.
The split between the dollar and rupiah facilities has not ...Already a subscriber? Login