Thailand’s Gulf Energy powers up jumbo $2.7bn loan for Intouch acquisition

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Thailand’s Gulf Energy powers up jumbo $2.7bn loan for Intouch acquisition

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Thailand’s Gulf Energy Development Public Co is seeking a multi-billion loan in dollars and baht to fund the acquisition of telecommunications firm Intouch Holdings, giving banks yet another opportunity to finance a jumbo deal from the southeast Asian country. But there are challenges ahead, writes Pan Yue.

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