Lenders eye LBO loan for HGC spin off
Lenders that worked on a HK$4.851bn ($622m) leveraged buyout loan to support MBK Partners and TPG Capital’s acquisition of telecom firm Wharf T&T have thrown their weight behind the same sponsors for a potential bid for Hutchison Global Communications, said bankers.
Original mandated lead arranger and bookrunner Standard Chartered co-ordinated Wharf’s fundraising, which included Cathay United Bank, CTBC Bank, E.Sun Commercial Bank and Taipei Fubon Commercial Bank as OMLABs. China Minsheng Bank and Taishin International Bank joined during senior syndication as MLABs on a take and hold basis.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.