Ethoz drives in for S$120m three year

By Shruti Chaturvedi
22 Aug 2016

Singapore-based auto leasing company Ethoz Group is gauging appetite for a syndicated loan of up to S$120m ($89m).

Ethoz, which is backed by Tokyo-headquartered Orix Corp, has chosen Bank of Tokyo-Mitsubishi UFJ to arrange the facility. BTMU has launched the deal at a base size of S$60m with a three year tenor.

Banks have three options for participation. Mandated lead arrangers committing S$30m or more earn ...

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