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JD-SW Reportedly Seeking EUR Loan to Acquire Germany's Ceconomy
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JD-SW (09618.HK) is currently in negotiations with banks to raise a EUR-denominated loan for its acquisition of German electronics retailer Ceconomy, Bloomberg reported, citing sources. It is understood that HSBC HOLDINGS (00005.HK) and STANCHART (02888.HK) are leading arrangers, bookrunners, and underwriters for this deal, with the proposed loan term possibly being 364 days. Meanwhile, the loan amount is yet to be finalized. AAStocks Financial News |
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