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Asia Syndicated LoansAsia Leveraged/non-investment grade loans

PV Gas preps loan amid buoyant bid for SE Asia


PetroVietnam Gas Joint Stock Corp has picked Mizuho as sole mandated lead arranger and bookrunner for a $200m borrowing. It is the latest sign of a boom in southeast Asia’s offshore loan market that is leaving bankers divided on pricing, tenors and covenant packages.

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