Cambodia’s BIDC eyes $70m three year fundraising

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By Shruti Chaturvedi
16 Jun 2016

A single bank has launched into syndication a $70m three year facility for Bank for Investment and Development of Cambodia (BIDC).

Cathay United Bank has invited lenders to join the deal for the Cambodian borrower, which was founded by Bank for Investment and Development of Vietnam (BIDV) and Phong Nam.

It is offering a margin of 320bp above Libor, with BIDV providing a letter of support, said a banker ...

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