Pan Brothers ready to navigate Duniatex woes for new loan
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Asia

Pan Brothers ready to navigate Duniatex woes for new loan

Mexico, fabric, textiles, Kaltex, LatAM

Indonesian apparel supplier Pan Brothers is in talks with banks for a new dollar loan, as it prepares to return to the market for the first time since 2018. However, syndication may be a challenge, as lenders are still reeling from the default of a subsidiary of textile firm Duniatex last year, writes Pan Yue.

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