Banks prep LBO financings for Tricor, Wharf

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By Shruti Chaturvedi
06 Oct 2016

Details about a $350m-$400m financing for private equity firm Permira’s acquisition of corporate services provider Tricor Group have emerged.

Permira is acquiring Tricor from Bank of East Asia and NWS Holdings for a total consideration of HK$6.74bn ($835m).

The loan to back the purchase is still in the underwriting stage with Cathay United Bank, CTBC Bank, HSBC and Sumitomo Mitsui Banking Corp understood to be on board ...

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