MNC Sky Vision seeks retail lenders for slimmer $225m loan

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By GlobalCapital
30 Jun 2016

Indonesian television broadcaster MNC Sky Vision has launched the second stage of syndication for its latest loan, having added two lenders in senior. The company has also trimmed the size of its fundraising to $225m from $275m after accessing an alternate source of funds.

Leads Deutsche Bank and Standard Chartered brought in ING and Siemens Financial during the senior phase, which began in April.

The loan, which was initially for up to $275m, has been cut to $225m as the company executed a $50m rights issue, said a banker close to the ...

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