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Asia Syndicated Loans

ASIMCO hunts for $120m dividend recap via loan

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Diesel engine component maker ASIMCO Technologies is in the market for a $120m dividend recapitalisation loan for sponsor Bain Capital (Asia). The deal, which is split into a term loan ‘A’ and term loan ‘B’, is being arranged by a single bank and is offering juicy margins to Asian lenders.

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