Prasac trims pricing on loan return

By Pan Yue
16 Apr 2021

Cambodia’s Prasac Microfinance Institution has returned to the loan market for $200m, narrowing pricing by 35bp compared to its last transaction in 2020.

Cathay United Bank, Prasac’s new shareholder KB Kookmin Bank, and Taishin International Bank are the mandated lead arrangers and bookrunners for the deal.

The loan has an initial size of $120m with a greenshoe option that can boost the deal to up to $200m. The facility has ...

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