Baring Asia lines up five for $456m Interplex loan

Singapore city 230px
By Shruti Chaturvedi
18 Feb 2016

Baring Private Equity Asia has lined up five banks to syndicate a $456m loan that backs its bid for Singapore-based Interplex Holdings.

The five year borrowing includes a revolving credit facility for working capital purposes and an amortising term loan. Cathay United Bank, CTBC Bank, DBS, Standard Chartered and United Overseas Bank are arranging the deal, said two bankers close to it.

Bank meetings were scheduled this week in Singapore ...

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