DayOne add-on
DayOne Data Centershas closed a dual-tranche add-on loan of around $3.7bn-equivalent for its Malaysian projects, according to 9fin sources.
The original mandated lead arrangers, bookrunners, and coordinators of the facility include CIMB Bank, Crédit Agricole CIB, DBS Bank, Maybank, OCBC Bank, Standard Chartered Bank, and United Overseas Bank.
The senior secured green loan, comprising a MYR 5.5bn ($1.35bn) Islamic financing tranche and a $2.4bn term loan, upsizes an existing $3.5bn loan backing its Malaysian projects signed last year.
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Sun Pharma bridge
Sun Pharmaceutical Industries has lined up BNP Paribas, Citi, DBS Bank, MUFG, and Standard Chartered to lead a $4bn five-year term loan to partly refinance a bridge facility backing its acquisition of Organon, according to 9fin sources.
The formal mandate has yet to be signed but is likely to be executed next week, one of the sources said.
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Shapoorji extension
India's Shapoorji Pallonji Group is asking holders of Porteast Investment’s rupee bonds for a one-month extension on a INR 35bn ($365m) mandatory prepayment due on 30 September, according to 9fin sources.
