Thailand's TCC secures $3.6b loan to fund Big C acquisition

Thailand's TCC secures $3.6b loan to fund Big C acquisition

Visual from TCC Holding website.

TCC Holding Co. has obtained a 3.2 billion euro ($3.6 billion) bridge loan to fund its acquisition of a controlling stake in Thai supermarket chain Big C Supercenter Pcl, according to people familiar with the matter.

Berli Jucker Pcl, a subsidiary of Bangkok-based conglomerate TCC, will be the borrower for the one-year loan, said the people, who asked not to be identified because the details are private.

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