Dialog raises $ 200 m

Monday, 12 August 2013 01:29 -     - {{hitsCtrl.values.hits}}

Dialog Axiata Plc (DIAL) has secured a Syndicated Term Loan facility of up to US$ 200 million of five year tenure to finance its expansion. The facility was jointly arranged by OCBC Bank Malaysia (Berhad) and Standard Chartered Bank. Dialog said it will use this loan facility to finance the group’s capital expenditure and working capital requirements, and to refinance an existing debt.