58.com: Lenders vie for up to USD 2bn loan mandate to finance take-private

Date: Jul 2020
Lenders are bidding for a mandate to arrange a loan financing of about USD 1.5bn to USD 2bn to help fund the proposed take-private of Chinese online classifieds marketplace 58.com Inc [NYSE:WUBA] by a consortium led by Ocean Link Partners Ltd, according to three sources familiar with the situation.
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