Golden Eagle Retail Said to Allocate $344.8 Million Loan
February 08, 2012, 9:51 AM ESTBy Wendy Mock
(Adds additional lender allocations from third paragraph.)
Feb. 8 (Bloomberg) -- Golden Eagle Retail Group Ltd. allocated the equivalent of $344.8 million in a three-year loan among 17 lenders, according to a person with direct knowledge of the matter.
Bookrunners Hang Seng Bank Ltd. and HSBC Holdings Plc committed $50 million each to the facility, said the person, who declined to be identified because the details are private. Standard Chartered Plc, Citigroup Inc. and Fubon Financial Holding Co., who are also bookrunners on the deal, committed HK$351 million ($45 million), $40 million and $35 million respectively, the person said.
Bank of East Asia Ltd. committed HK$156 million, Yuanta Commercial Bank Co. is lending HK$80 million, while Cathay United Bank Co. pledged HK$78 million and Hua Nan Commercial Bank Ltd. committed $4.5 million, according to the person.
Bank of Taiwan, Bank Sinopac, Chinatrust Commercial Bank, E.Sun Commercial Bank Ltd., First Commercial Bank Co., Industrial Bank of Taiwan, Mega International Commercial Bank Co., and Taiwan Cooperative Bank Ltd. committed $10 million each, the person said.
--Editors: Pavel Alpeyev, Shelley Smith
To contact the reporter on this story: Wendy Mock in Hong Kong at wmock3@bloomberg.net
To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net
