Fixed Income

AllianzGI, NEC Capital Join EdgePoint’s $475 Million Loan

Southeast Asia telecom tower operator EdgePoint Infrastructure has secured a $475 million syndicated loan from a mix of institutional investors and traditional banks, according to people familiar with the matter.

Allianz Global Investors, NEC Capital and Affin Bank were among the lenders that joined the syndicated facility, which closed last month, the people said, who asked not to be identified discussing private matters. The financing was initially marketed as a private credit deal before being underwritten by a consortium of banksBloomberg Terminal at a later stage due to tight pricing.