Terms emerge for Baring’s Interplex acquisition loan

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By Shruti Chaturvedi
19 Feb 2016

Five banks have opened into senior syndication a $455.75m facility that will back Baring Private Equity Asia’s proposed acquisition of Singapore-based Interplex Holdings.

Arrangers Cathay United Bank, CTBC Bank, DBS, Standard Chartered and United Overseas Bank have invited a select group of banks to join as mandated lead arranges for a minimum ticket of $50m.

The five year financing will comprise a $50m revolver and a $405.75m term loan. The margin ...

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