Trans Corpora nets commitments from two banks

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By GlobalCapital
21 Sep 2016

Trans Corpora has received commitments from two banks for a $150m three year senior secured term loan that launched into syndication in June.

Credit Suisse and Maybank are arranging the deal and funded the facility in May. This means the residual life of the loan for incoming lenders is shorter than 2.65 years.

CTBC Bank and Deutsche Bank have committed to the transaction, according to two bankers close to the matter. ...

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