Capital A’s Unit Gets Bank Loan to Replace Costly Private Debt
Malaysia’s Asia Digital Engineering Sdn. Bhd. has secured a $100 million bank loan to refinance part of its expensive private debt, a sign lenders are growing comfortable backing the company...
By Megawati Wijaya · Bloomberg
Malaysia’s Asia Digital Engineering Sdn. Bhd. has secured a $100 million bank loan to refinance part of its expensive private debt, a sign lenders are growing comfortable backing the company after its parent Capital A Bhd.’s exit from distressed status.