These figures were released on a preliminary basis in order to facilitate communication with investors surrounding the proposed senior secured loan financingtransaction.
Additionally, at the time of execution of definitive agreements with respect to our proposal, we expect to provide binding financing commitments from debt and equity financing sources in the form customary for a transaction of this type.
We are prepared to invest the time and resources necessary to complete a transaction along an expedited timeline, and we would contemplate providing drafts of a definitive transaction agreement (which will include financing commitment letters), along with our more detailed proposal as soon as possible following the completion of satisfactory due diligence.
He received financing to back the deal, the largest merger-and-acquisition transaction introduced in Asia last year, from a group of banks including United Overseas Bank Ltd.