A Change of Guard

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Wednesday, 24 March 2010

LOANS: Cambodia's First LBO Financing Launched

24 March 2010

Mandated leads ANZ and Standard Bank have launched the US$421m 18-month bridge financing for Cambodian conglomerate Royal Group to fund the acquisition of CamGSM, a leading cellular operator in Cambodia. The loan is the largest ever from Cambodia and the first one to be syndicated from the country. The deal is fully underwritten and was pre-funded by the duo in November.

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