Arranger group forming for Taiwan Cement

Arranger group forming for Taiwan Cement
Published: 10 May 2010

BNP Paribas is forming an arranger group for an up to CNY1.55bn (US$227m) loan for PRC subsidiaries of Taiwan Cement. The deal comprises three tranches that are each further divided into a term loan and a revolver. There is a CNY550m tranche that comprises a CNY450m term loan and a CNY100m revolver. The second and third tranches are CNY500m each and sub-divided into a CNY400m term loan and a CNY100m revolver.