 "lending, loan, bank, real estate, realty,")
Baring Private Equity Asia is preparing to launch syndication of a $600 million loan and use the proceeds to delist Hexaware Technologies and for the repayment of bonds, according to an International Financial Review Asia report.
The loan will be used for the delisting of Hexaware and for repaying bonds for Baring’s shareholding vehicle, HT Global IT Solutions Holdings.
Bank SinoPac, E Sun Commercial Bank and Sumitomo Mitsui Banking Corp have joined the 9 original mandated lead arrangers and book runners on the deal, which has an average life of 4.5 years, the report added. The leverage for the loan
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