Thai Berli taps overseas banks to raise $6.2b for Big C deal; on track to meet financing deadline

Visual from BJC website

Thailand’s Berli Jucker Pcl has tapped foreign banks including BNP Paribas as well as domestic lenders to raise $6.2 billion for its acquisition of Big C Supercenter, putting it on track to successfully meet a March 31 financing deadline.

Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi, won a hotly contested auction for the 58.6 percent stake in Big C owned by France’s Casino Group.

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