Laos central bank to seal debut loan at $158m

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By Rashmi Kumar
21 Dec 2015

The central bank of Laos is planning to close its debut offshore syndicated loan at a size of $158m, in a deal that bankers are hailing as a benchmark for other issuers from the country.

The Bank of the Lao PDR (BOL) launched its $100m-$200m four year loan in October via mandated lead arrangers and bookrunners Cathay United Bank and First Commercial Bank, which took up the challenge of syndicating the transaction on a best-efforts basis.

A source close to the trade ...

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